price effect

简明释义

价格效应

英英释义

The price effect refers to the change in the quantity demanded or supplied of a good or service as a result of a change in its price.

价格效应是指由于商品或服务价格变化而导致的需求或供应数量的变化。

例句

1.Due to inflation, consumers are experiencing a price effect 价格效应 that affects their purchasing power.

由于通货膨胀,消费者正经历一种价格效应价格效应,这影响了他们的购买力。

2.Analysts are studying the price effect 价格效应 of changing interest rates on housing markets.

分析师正在研究利率变化对房地产市场的价格效应价格效应

3.The increase in demand for the product led to a noticeable price effect 价格效应 that raised its market value.

产品需求的增加导致了明显的价格效应价格效应,使其市场价值上升。

4.When the company lowered its prices, there was a significant price effect 价格效应 leading to increased sales.

当公司降低价格时,出现了显著的价格效应价格效应,导致销售量增加。

5.The price effect 价格效应 of the new tax policy has caused some goods to become unaffordable for many families.

新税政策的价格效应价格效应使某些商品对许多家庭变得负担不起。

作文

The concept of the price effect is fundamental in economics, as it describes how changes in the price of a good or service can influence consumer behavior and market dynamics. When the price of a product rises, consumers may react by purchasing less of that product or seeking alternatives. Conversely, if the price drops, they may buy more of that product. This response is not only a reflection of individual preferences but also highlights the broader implications for supply and demand within the market.To illustrate the price effect, consider the case of gasoline prices. When gas prices increase significantly, many consumers will reduce their driving frequency, opt for public transportation, or even consider purchasing more fuel-efficient vehicles. This behavior demonstrates the elasticity of demand; as prices rise, the quantity demanded decreases. On the other hand, when gas prices fall, people might take longer trips or use their cars more frequently, indicating an increase in quantity demanded due to the lower price.The price effect also plays a crucial role in the decisions made by businesses. Companies often analyze how changes in their pricing strategies can affect sales volume and overall revenue. For example, a company might decide to lower the price of a product to attract more customers, hoping that the increase in sales volume will compensate for the lower price per unit. This strategy relies heavily on understanding the price effect—specifically, whether the increase in demand will be sufficient to offset the decrease in price.Moreover, the price effect can lead to significant shifts in market equilibrium. When a product’s price changes, it can alter the balance between supply and demand. If a product becomes too expensive, suppliers might produce less of it, anticipating a decrease in sales. Conversely, if the price is lowered, suppliers may increase production to meet the anticipated rise in demand. This interplay between price changes and market reactions is essential for economists to predict future market trends.In addition to individual products, the price effect can also be observed at a macroeconomic level. For instance, inflation affects the overall price level in an economy, which can lead to changes in consumer spending habits. When inflation rises, consumers may cut back on non-essential purchases, affecting various sectors of the economy. Understanding the price effect in this context helps policymakers create strategies to stabilize the economy and manage inflation effectively.In conclusion, the price effect is a critical concept in economics that illustrates how price changes impact consumer behavior, business strategies, and market dynamics. By analyzing the price effect, individuals and organizations can make informed decisions that align with market conditions. Whether it’s a consumer adjusting their buying habits or a business reevaluating its pricing strategy, the price effect remains a vital consideration in the economic landscape.

“价格效应”这一概念在经济学中是基础性的,它描述了商品或服务价格变化如何影响消费者行为和市场动态。当某一产品的价格上涨时,消费者可能会减少对该产品的购买或寻找替代品。相反,如果价格下降,他们可能会购买更多这种产品。这种反应不仅反映了个人偏好,还突显了市场供需的更广泛影响。为了说明“价格效应”,可以考虑汽油价格的案例。当汽油价格显著上涨时,许多消费者会减少驾驶频率,选择公共交通,甚至考虑购买更节能的汽车。这种行为展示了需求的弹性;随着价格上涨,需求量减少。另一方面,当汽油价格下降时,人们可能会进行更长的旅行或更频繁地使用汽车,这表明由于价格降低而导致的需求量增加。“价格效应”在企业决策中也起着至关重要的作用。公司通常会分析其定价策略变化如何影响销售量和整体收入。例如,一家公司可能决定降低某一产品的价格以吸引更多客户,希望销售量的增加能够弥补单价的降低。这一策略在很大程度上依赖于对“价格效应”的理解——具体而言,需求的增加是否足以抵消价格的下降。此外,“价格效应”还可能导致市场均衡的显著变化。当产品价格发生变化时,可能会改变供需之间的平衡。如果某一产品变得过于昂贵,供应商可能会减少生产,预期销售量的下降。相反,如果价格降低,供应商可能会增加生产,以满足预期的需求上升。这种价格变化与市场反应之间的相互作用对于经济学家预测未来市场趋势至关重要。除了个别产品,“价格效应”还可以在宏观经济层面观察到。例如,通货膨胀会影响经济中的整体价格水平,这可能导致消费者消费习惯的变化。当通货膨胀上升时,消费者可能会减少非必需品的购买,从而影响经济的各个部门。在这种背景下理解“价格效应”有助于政策制定者制定稳定经济和有效管理通货膨胀的策略。总之,“价格效应”是经济学中的一个关键概念,它说明了价格变化如何影响消费者行为、商业策略和市场动态。通过分析“价格效应”,个人和组织可以做出与市场条件相符的明智决策。无论是消费者调整购买习惯,还是企业重新评估定价策略,“价格效应”始终是经济格局中一个重要的考量因素。