decreasing opportunity cost

简明释义

机会成本递减

英英释义

例句

1.As students take more classes in a specific field, they may encounter decreasing opportunity cost in pursuing advanced degrees.

当学生在特定领域修读更多课程时，他们可能会在攻读高级学位时遇到递减机会成本。

2.As a farmer diversifies his crops, he experiences decreasing opportunity cost because the more he grows, the less he sacrifices from other crops.

当一位农民多样化他的作物时，他经历了递减机会成本，因为他种植的越多，牺牲其他作物的成本就越少。

3.A tech company expanding its software offerings can benefit from decreasing opportunity cost as each new product leverages existing technology.

一家扩展其软件产品的科技公司可以从递减机会成本中受益，因为每个新产品都利用现有技术。

4.In a manufacturing setting, increasing production of one product often leads to decreasing opportunity cost for the others due to specialization.

在制造环境中，增加一种产品的生产通常会导致其他产品的递减机会成本，这是由于专业化的原因。

5.When investing in renewable energy, companies may find that their decreasing opportunity cost allows them to allocate more resources to sustainable projects.

在投资可再生能源时，公司可能会发现他们的递减机会成本使他们能够将更多资源分配给可持续项目。

作文

In the realm of economics, the concept of opportunity cost plays a crucial role in decision-making. When we talk about decreasing opportunity cost, we refer to a situation where the cost of forgoing the next best alternative diminishes as production increases. This phenomenon can be observed in various scenarios, particularly in the context of production possibilities and resource allocation. Understanding decreasing opportunity cost is essential for businesses and individuals alike, as it allows them to make informed choices that maximize their utility and efficiency.To illustrate this concept, let’s consider a farmer who has a limited amount of land to cultivate. Initially, the farmer may decide to plant wheat on a portion of his land. As he continues to allocate more land to wheat production, he will start to experience a trade-off between wheat and another crop, such as corn. The first few acres dedicated to wheat might yield high returns, but as he continues to expand wheat cultivation, the returns on each additional acre may start to decline. However, if the farmer diversifies his crops, he may find that the opportunity cost of switching from wheat to corn decreases as he becomes more efficient in growing both crops. This is a clear example of decreasing opportunity cost in action.Moreover, the principle of decreasing opportunity cost can also be applied to labor and specialization. In a factory setting, workers who specialize in a particular task often become more skilled and efficient over time. As they gain experience, the opportunity cost of reallocating them to different tasks decreases because their productivity in their specialized roles increases significantly. Therefore, the company benefits from higher output, and the overall cost of shifting resources becomes lower.Additionally, decreasing opportunity cost can have broader implications for economic growth and development. Countries that invest in education and training for their workforce may experience a reduction in opportunity costs associated with labor. As workers become more educated and skilled, they can switch between industries or roles with minimal loss in productivity. This flexibility not only enhances individual earning potential but also contributes to the overall economic growth of the nation.In conclusion, the concept of decreasing opportunity cost is vital for understanding how resources are allocated efficiently in various contexts. Whether in agriculture, manufacturing, or even at the individual level, recognizing that the cost of forgoing alternatives can decrease with increased production or specialization can lead to better decision-making. By applying this principle, businesses and individuals can optimize their resources, ultimately leading to greater success and satisfaction in their economic endeavors. The understanding of decreasing opportunity cost empowers us to make choices that align with our goals and aspirations, ensuring that we make the most of the opportunities available to us.

在经济学领域，机会成本的概念在决策中起着至关重要的作用。当我们谈论递减机会成本时，我们指的是一种情况，即随着生产的增加，放弃下一个最佳替代品的成本减少。这种现象可以在各种场景中观察到，特别是在生产可能性和资源分配的背景下。理解递减机会成本对于企业和个人来说都是至关重要的，因为它使他们能够做出明智的选择，从而最大化他们的效用和效率。为了说明这一概念，让我们考虑一个有限土地进行耕作的农民。最初，农民可能决定在一部分土地上种植小麦。随着他继续将更多的土地分配给小麦生产，他将开始经历小麦与另一种作物（如玉米）之间的权衡。最初几英亩用于小麦的种植可能会带来高回报，但随着他继续扩大小麦种植，每增加一英亩的回报可能会开始下降。然而，如果农民多样化他的作物，他可能会发现从小麦转向玉米的机会成本随着他在种植这两种作物方面变得更加高效而降低。这是递减机会成本在行动中的一个明确例子。此外，递减机会成本的原则也可以应用于劳动和专业化。在工厂环境中，专注于特定任务的工人往往会随着时间的推移变得更加熟练和高效。随着他们获得经验，重新分配他们到不同任务的机会成本降低，因为他们在专业角色中的生产力显著提高。因此，公司受益于更高的产出，而资源重新配置的整体成本变得更低。此外，递减机会成本还可能对经济增长和发展产生更广泛的影响。投资于教育和培训劳动力的国家可能会体验到与劳动相关的机会成本的降低。随着工人变得更加受过教育和技能，他们可以在行业或角色之间灵活转换，几乎不会损失生产力。这种灵活性不仅提高了个人的收入潜力，还促进了国家整体经济的增长。总之，递减机会成本的概念对于理解如何在各种背景下有效分配资源至关重要。无论是在农业、制造业还是个人层面，认识到放弃替代品的成本随着生产或专业化的增加而减少，可以导致更好的决策。通过应用这一原则，企业和个人可以优化他们的资源，最终在其经济努力中取得更大的成功和满意。对递减机会成本的理解使我们能够做出与我们的目标和愿望相一致的选择，确保我们充分利用可用的机会。