price elasticity of supply

简明释义

供应的价格弹性

英英释义

例句

1.Understanding the price elasticity of supply 供给的价格弹性 helps businesses make informed decisions about pricing strategies.

理解供给的价格弹性有助于企业做出明智的定价策略决策。

2.The price elasticity of supply 供给的价格弹性 for luxury items is generally higher than that for essential goods.

奢侈品的供给的价格弹性通常高于必需品。

3.In the short term, the price elasticity of supply 供给的价格弹性 for housing is relatively inelastic due to construction time.

在短期内，住房的供给的价格弹性相对缺乏弹性，因为建设需要时间。

4.When prices rise, the price elasticity of supply 供给的价格弹性 for manufactured goods can be quite high as production can be ramped up quickly.

当价格上涨时，制造商品的供给的价格弹性可能会很高，因为生产可以迅速增加。

5.The price elasticity of supply 供给的价格弹性 for agricultural products tends to be low due to the time required for crops to grow.

农业产品的供给的价格弹性通常较低，因为种植作物需要时间。

作文

Understanding the concept of price elasticity of supply is crucial for both economists and business owners. The term refers to how responsive the quantity supplied of a good is to a change in its price. In simpler terms, it measures the sensitivity of producers to price changes in the market. When prices rise, suppliers typically produce more; conversely, when prices fall, they may cut back on production. This relationship is quantified by the price elasticity of supply coefficient, which can be calculated using the formula: percentage change in quantity supplied divided by the percentage change in price.A high price elasticity of supply indicates that producers can quickly adjust their output in response to price changes. For instance, if a farmer can easily switch between crops depending on prices, the supply of those crops is considered highly elastic. On the other hand, if the production of a good requires a long time or significant investment, such as manufacturing cars, the price elasticity of supply is likely to be low.The factors that affect price elasticity of supply include the availability of raw materials, the time period under consideration, and the flexibility of the production process. In the short term, supply is often inelastic because producers cannot alter their production levels immediately. However, over time, they may invest in new technologies or expand their facilities, making supply more elastic in the long run.Understanding price elasticity of supply helps businesses make informed decisions about pricing strategies. For example, if a company knows that the supply of its product is highly elastic, it can anticipate that a price increase may lead to a significant drop in sales. Conversely, if the supply is inelastic, the company might raise prices without fearing a substantial loss in sales volume.Moreover, policymakers also consider price elasticity of supply when implementing taxes or subsidies. If a government wants to encourage the production of renewable energy, understanding the elasticity of supply for solar panels versus fossil fuels will guide their policy decisions. If the supply of solar panels is elastic, a subsidy may effectively increase production; if it is inelastic, the same subsidy might not have the desired effect.In summary, price elasticity of supply is a vital economic concept that influences various aspects of market dynamics. It helps businesses strategize pricing, enables producers to understand their capabilities in adjusting output, and aids policymakers in crafting effective regulations. Grasping this concept can lead to better decision-making and ultimately contribute to a more efficient market economy.

理解供给的价格弹性这一概念对经济学家和企业主都至关重要。该术语指的是商品供应量对其价格变化的响应程度。简单来说，它衡量了生产者对市场价格变化的敏感性。当价格上涨时，供应商通常会增加生产；相反，当价格下降时，他们可能会减少生产。这种关系通过供给的价格弹性系数来量化，该系数可以使用以下公式计算：供应量的百分比变化除以价格的百分比变化。高供给的价格弹性表明生产者能够迅速调整其产出以响应价格变化。例如，如果农民可以根据价格轻松地在作物之间切换，那么这些作物的供应被认为是高度弹性的。另一方面，如果生产某种商品需要较长时间或重大投资，例如制造汽车，则供给的价格弹性可能较低。影响供给的价格弹性的因素包括原材料的可用性、考虑的时间段以及生产过程的灵活性。在短期内，供应通常是无弹性的，因为生产者无法立即改变其生产水平。然而，随着时间的推移，他们可能会投资于新技术或扩大设施，从而使长期供应更加弹性。理解供给的价格弹性有助于企业做出明智的定价策略决策。例如，如果一家公司知道其产品的供应高度弹性，它可以预见到价格上涨可能导致销售量显著下降。相反，如果供应是无弹性的，公司可能会提高价格，而不必担心销售量的大幅损失。此外，政策制定者在实施税收或补贴时也会考虑供给的价格弹性。如果政府希望鼓励可再生能源的生产，了解太阳能电池板与化石燃料的供给弹性将指导他们的政策决策。如果太阳能电池板的供应是弹性的，补贴可能有效地增加生产；如果它是无弹性的，相同的补贴可能不会产生预期的效果。总之，供给的价格弹性是一个重要的经济概念，影响市场动态的各个方面。它帮助企业制定定价策略，使生产者了解其调整产出的能力，并帮助政策制定者制定有效的法规。掌握这一概念可以导致更好的决策，并最终促进市场经济的更高效运作。