price elasticity; price flexibility

简明释义

价格弹性

英英释义

例句

1.Luxury items often exhibit low price elasticity 价格弹性, meaning their demand is less sensitive to price changes.

奢侈品通常表现出低价格弹性，这意味着它们的需求对价格变化不太敏感。

2.A product with high price flexibility 价格灵活性 can easily adjust to market changes without losing customers.

具有高价格灵活性的产品可以轻松适应市场变化而不失去客户。

3.Companies may increase prices if they find that their product has low price elasticity 价格弹性.

如果公司发现其产品的价格弹性较低，可能会提高价格。

4.Understanding the price elasticity 价格弹性 of essential goods is crucial for setting effective pricing strategies.

理解必需品的价格弹性对于制定有效的定价策略至关重要。

5.The concept of price elasticity 价格弹性 helps businesses understand how changes in price affect consumer demand.

价格弹性的概念帮助企业理解价格变化如何影响消费者需求。

作文

Understanding the concepts of price elasticity and price flexibility is crucial for both consumers and businesses in today's dynamic market environment. Price elasticity refers to the responsiveness of the quantity demanded or supplied of a good or service to a change in its price. In simpler terms, it measures how much the demand for a product will increase or decrease when its price changes. For instance, if the price of a popular coffee brand rises significantly, how many customers will still choose to buy it? This concept is vital for businesses when setting prices, as it helps them understand how sensitive their customers are to price changes. A product with high price elasticity will see a substantial drop in sales if the price increases, while a product with low price elasticity might not experience much change in sales even with a price hike.On the other hand, price flexibility refers to the ability of prices to adjust in response to changes in market conditions, such as supply and demand fluctuations. It indicates how quickly and easily prices can change in reaction to external factors. For example, during a sudden shortage of a product, businesses may raise prices quickly to balance supply and demand. Products with high price flexibility can adapt swiftly to market changes, which can be advantageous for companies looking to maximize profits.Both price elasticity and price flexibility play significant roles in economic theory and practice. Economists use these concepts to analyze market behavior and predict how changes in pricing can affect overall economic activity. For instance, understanding price elasticity can help policymakers determine the potential impacts of tax changes on consumer behavior. If a government increases taxes on tobacco products, knowing the price elasticity of demand for cigarettes can help predict whether this will lead to a decrease in smoking rates.Moreover, businesses often conduct market research to assess the price elasticity of their products before launching new items or adjusting prices. By doing so, they can make informed decisions that align with consumer expectations and market trends. Similarly, understanding price flexibility allows businesses to react promptly to competitive pressures or changes in consumer preferences, ensuring they remain relevant in the market.In conclusion, grasping the nuances of price elasticity and price flexibility is essential for effective pricing strategies and economic analysis. Both concepts provide valuable insights into consumer behavior and market dynamics, enabling businesses and policymakers to make informed decisions. As markets continue to evolve, the importance of understanding these concepts cannot be overstated, as they directly influence profitability and economic stability.

理解价格弹性和价格灵活性的概念，对于当今动态市场环境中的消费者和企业来说至关重要。价格弹性是指对商品或服务价格变化的需求量或供给量的反应程度。简单来说，它衡量的是当价格变化时，产品的需求量会增加或减少多少。例如，如果一种受欢迎的咖啡品牌的价格大幅上涨，有多少顾客仍然会选择购买它？这个概念对于企业设定价格非常重要，因为它帮助他们理解客户对价格变化的敏感程度。具有高价格弹性的产品在价格上涨时，销量会显著下降，而具有低价格弹性的产品即使价格上涨，销量可能也不会经历太大变化。另一方面，价格灵活性是指价格在市场条件变化（如供需波动）下调整的能力。它表明价格在外部因素影响下变化的速度和容易程度。例如，在某种产品突然短缺时，企业可能会迅速提高价格以平衡供需。具有高价格灵活性的产品能够迅速适应市场变化，这对于希望最大化利润的公司来说是有利的。价格弹性和价格灵活性在经济理论和实践中都发挥着重要作用。经济学家利用这些概念分析市场行为，预测价格变化对整体经济活动的影响。例如，了解价格弹性可以帮助政策制定者确定税收变化对消费行为的潜在影响。如果政府提高烟草产品的税收，了解香烟的价格弹性可以帮助预测这是否会导致吸烟率下降。此外，企业通常会进行市场调研，以评估其产品的价格弹性，在推出新产品或调整价格之前。通过这样做，他们可以做出符合消费者期望和市场趋势的明智决策。同样，了解价格灵活性使企业能够及时应对竞争压力或消费者偏好的变化，确保它们在市场中保持相关性。总之，掌握价格弹性和价格灵活性的细微差别对于有效的定价策略和经济分析至关重要。这两个概念为消费者行为和市场动态提供了宝贵的洞察，使企业和政策制定者能够做出明智的决策。随着市场的不断演变，理解这些概念的重要性不容小觑，因为它们直接影响盈利能力和经济稳定性。