constant cost industry

简明释义

固定成本工业

英英释义

例句

1.In a constant cost industry, firms can expand production without facing rising costs.

在常成本行业中，企业可以在不面临成本上升的情况下扩大生产。

2.A typical example of a constant cost industry is the manufacturing of basic commodities.

一个典型的常成本行业例子是基本商品的制造。

3.The agricultural sector is often considered a constant cost industry because of its stable input prices.

农业部门通常被视为常成本行业，因为其投入价格相对稳定。

4.In a constant cost industry, the long-run supply curve is perfectly elastic.

在常成本行业中，长期供给曲线是完全弹性的。

5.Investors are attracted to a constant cost industry due to predictable profit margins.

投资者被常成本行业吸引，因为其利润率可预测。

作文

In the field of economics, the term constant cost industry refers to an industry where the long-run average cost of production remains constant as the output increases. This concept is essential for understanding how firms operate in different market structures and how they respond to changes in demand and supply. In a constant cost industry, when firms enter or exit the market, the costs of inputs do not change, which means that the price of the product remains stable even as the quantity produced increases or decreases.To illustrate this concept, consider the agricultural sector, specifically the production of wheat. If the demand for wheat increases, more farmers may decide to grow wheat. In a constant cost industry, the increase in the number of farmers does not lead to higher costs for land, labor, or seeds. As a result, the price of wheat remains relatively stable despite the increase in supply. This scenario contrasts with a decreasing cost industry, where increased production leads to lower average costs due to economies of scale, or an increasing cost industry, where production expansion raises costs due to resource scarcity.Understanding constant cost industries is crucial for policymakers and economists. For instance, if an industry operates under constant costs, government interventions, such as subsidies or taxes, may have limited effects on prices. Policymakers must consider the nature of the industry when designing regulations or incentives. If they mistakenly assume that an industry is a constant cost industry when it is not, their policies could lead to unintended consequences, such as overproduction or resource wastage.Moreover, the concept of constant cost industries plays a significant role in competitive markets. In perfectly competitive markets, firms are price takers, meaning they accept the market price as given. If a firm in a constant cost industry decides to increase its output, it will not affect the overall market price. This stability allows firms to plan their production without fear of price fluctuations, fostering a more predictable business environment.However, it is essential to note that few industries are purely constant cost industries. Most industries experience some degree of cost variability due to factors such as resource availability, technological advancements, and changes in consumer preferences. Therefore, while the concept provides a useful framework for analysis, real-world applications may require adjustments to account for these complexities.In conclusion, the idea of a constant cost industry is a fundamental concept in economics that helps explain how industries function in response to changes in supply and demand. By recognizing the characteristics of constant cost industries, economists and policymakers can make informed decisions that promote efficiency and stability in the market. Understanding this concept not only aids in analyzing specific industries but also enhances our comprehension of broader economic principles. Whether in agriculture, manufacturing, or services, the implications of constant cost industries are far-reaching and vital for sustainable economic growth.

在经济学领域，术语constant cost industry指的是一种行业，在这种行业中，生产的长期平均成本随着产量的增加而保持不变。这个概念对于理解公司在不同市场结构中的运作以及它们如何应对需求和供给的变化至关重要。在constant cost industry中，当企业进入或退出市场时，投入的成本不会改变，这意味着即使生产的数量增加或减少，产品的价格也保持稳定。为了说明这一概念，可以考虑农业部门，特别是小麦的生产。如果小麦的需求增加，更多的农民可能会决定种植小麦。在constant cost industry中，农民数量的增加不会导致土地、劳动力或种子的成本上升。因此，尽管供应增加，小麦的价格仍然相对稳定。这种情况与递减成本行业形成对比，在递减成本行业中，生产的增加导致由于规模经济而降低的平均成本，或者增加成本行业，其中生产扩张因资源稀缺而提高成本。理解constant cost industries对政策制定者和经济学家至关重要。例如，如果一个行业在恒定成本下运营，政府干预措施，如补贴或税收，可能对价格产生有限影响。在设计法规或激励措施时，政策制定者必须考虑行业的性质。如果他们错误地假设某个行业是constant cost industry而实际上并非如此，他们的政策可能会导致意想不到的后果，例如过度生产或资源浪费。此外，constant cost industries的概念在竞争市场中也发挥着重要作用。在完全竞争市场中，企业是价格接受者，这意味着它们接受市场价格作为既定。如果constant cost industry中的一家公司决定增加其产量，它不会影响整体市场价格。这种稳定性使得公司能够规划生产，而不必担心价格波动，从而促进了更可预测的商业环境。然而，值得注意的是，很少有行业是纯粹的constant cost industries。大多数行业由于资源可用性、技术进步和消费者偏好的变化等因素经历某种程度的成本变化。因此，尽管该概念提供了一个有用的分析框架，但现实世界的应用可能需要调整，以考虑这些复杂性。总之，constant cost industry的概念是经济学中的一个基本概念，有助于解释行业如何响应供给和需求的变化。通过认识到constant cost industries的特征，经济学家和政策制定者可以做出明智的决策，促进市场的效率和稳定。理解这一概念不仅有助于分析特定行业，还增强了我们对更广泛经济原则的理解。无论是在农业、制造业还是服务业，constant cost industries的影响都是深远的，对可持续经济增长至关重要。