competing-supply elasticity

简明释义

供应竞争伸缩性

英英释义

例句

1.The concept of competing-supply elasticity is crucial for understanding how different suppliers respond to price changes in the market.

理解竞争性供给弹性的概念对理解不同供应商如何对市场价格变化做出反应至关重要。

2.In a market with low competing-supply elasticity, suppliers may struggle to meet increased demand without raising prices significantly.

在供给弹性低的市场中，供应商可能难以在不显著提高价格的情况下满足增加的需求。

3.Understanding competing-supply elasticity helps firms strategize their pricing models effectively.

理解竞争性供给弹性有助于企业有效地制定定价策略。

4.When analyzing the competing-supply elasticity, businesses can determine how sensitive their competitors are to changes in supply.

在分析竞争性供给弹性时，企业可以确定其竞争对手对供给变化的敏感程度。

5.A high competing-supply elasticity indicates that suppliers will quickly adjust their output in response to price fluctuations.

高竞争性供给弹性表示供应商会迅速调整产量以应对价格波动。

作文

In the realm of economics, the concept of competing-supply elasticity plays a crucial role in understanding how various suppliers respond to changes in market conditions. To elaborate, competing-supply elasticity refers to the responsiveness of the quantity supplied of a good or service when there is a change in its price, particularly in the presence of alternative suppliers. This concept is vital for businesses and policymakers alike, as it helps them gauge how supply dynamics can shift in response to market fluctuations.For instance, consider a market for organic vegetables. If the price of organic carrots increases significantly, farmers who produce organic carrots may be inclined to supply more due to the higher potential profit. However, this increase in supply does not occur in isolation. Other farmers who grow conventional carrots might also react to the price change, adjusting their production strategies to compete with the organic segment. Here, the competing-supply elasticity comes into play, illustrating how interconnected the supply decisions are among different producers.Understanding competing-supply elasticity is essential for predicting market behavior. When suppliers are aware that their competitors can easily adjust their output in response to price changes, they must carefully consider their own supply strategies. For example, if a new entrant in the market begins to offer organic vegetables at lower prices, existing suppliers may find their competing-supply elasticity challenged. They might need to innovate, reduce prices, or enhance their product quality to maintain their market share.Furthermore, competing-supply elasticity can vary significantly across different industries. In markets where products are highly differentiated, such as luxury goods, the elasticity may be lower because consumers are less sensitive to price changes. Conversely, in markets with many similar products, like basic commodities, the competing-supply elasticity tends to be higher as suppliers can quickly switch production based on price signals.Another important aspect of competing-supply elasticity is its implication for market equilibrium. When multiple suppliers are competing, the overall market supply curve becomes more elastic. This means that even a small increase in price can lead to a significant increase in the total quantity supplied. Consequently, understanding how competing-supply elasticity operates can aid businesses in planning their production levels and pricing strategies effectively.In conclusion, competing-supply elasticity is a fundamental economic principle that highlights the interdependence of suppliers in a competitive market. By recognizing how various suppliers react to price changes, businesses can better navigate market challenges and opportunities. As markets continue to evolve, the importance of understanding competing-supply elasticity will only grow, making it a critical area of study for economists and industry players alike.

在经济学领域，竞争供给弹性的概念在理解各种供应商如何应对市场条件变化方面发挥着关键作用。具体而言，竞争供给弹性是指在存在替代供应商的情况下，当商品或服务的价格发生变化时，供应数量的响应程度。这个概念对于企业和政策制定者来说至关重要，因为它帮助他们评估供应动态如何在市场波动中发生变化。例如，考虑一个有机蔬菜的市场。如果有机胡萝卜的价格显著上涨，生产有机胡萝卜的农民可能会因为更高的潜在利润而倾向于增加供应。然而，这种供应的增加并不是孤立发生的。其他种植常规胡萝卜的农民也可能会对价格变化做出反应，调整他们的生产策略以与有机市场竞争。在这里，竞争供给弹性发挥了作用，说明不同生产者之间的供应决策是如何相互关联的。理解竞争供给弹性对于预测市场行为至关重要。当供应商意识到他们的竞争对手可以轻松地根据价格变化调整产量时，他们必须仔细考虑自己的供应策略。例如，如果市场上出现了新的参与者，以较低的价格开始提供有机蔬菜，现有供应商可能会发现他们的竞争供给弹性受到挑战。他们可能需要创新、降低价格或提高产品质量以维持市场份额。此外，竞争供给弹性在不同产业中的变化可能显著。在产品高度差异化的市场中，例如奢侈品，弹性可能较低，因为消费者对价格变化的敏感度较低。相反，在许多类似产品的市场中，如基本商品，竞争供给弹性往往较高，因为供应商可以迅速根据价格信号切换生产。竞争供给弹性的另一个重要方面是其对市场均衡的影响。当多个供应商竞争时，整体市场供给曲线变得更加弹性。这意味着，即使是小幅的价格上涨也会导致总供应量的显著增加。因此，理解竞争供给弹性的运作可以帮助企业有效规划生产水平和定价策略。总之，竞争供给弹性是一个基本的经济原则，突显了竞争市场中供应商之间的相互依赖性。通过认识到各种供应商如何对价格变化做出反应，企业可以更好地应对市场挑战和机遇。随着市场的不断发展，理解竞争供给弹性的重要性只会增加，使其成为经济学家和行业参与者研究的关键领域。