price determination

简明释义

决定价格

英英释义

Price determination refers to the process through which the price of a good or service is established in the market based on supply and demand dynamics.

价格决定是指在市场中基于供需动态确定商品或服务价格的过程。

例句

1.The process of price determination 价格决定 in a competitive market is influenced by supply and demand.

在竞争市场中,价格决定 price determination 的过程受到供需的影响。

2.The concept of price determination 价格决定 is fundamental in economics.

在经济学中,价格决定 price determination 的概念是基础。

3.Government regulations can impact the price determination 价格决定 of essential goods.

政府法规可以影响基本商品的价格决定 price determination

4.Understanding price determination 价格决定 helps businesses set their pricing strategies effectively.

理解价格决定 price determination 有助于企业有效地制定定价策略。

5.Market research is crucial for effective price determination 价格决定 in any industry.

市场调研对于任何行业的有效价格决定 price determination 至关重要。

作文

In the world of economics, understanding the concept of price determination is crucial for both consumers and producers. Price determination refers to the process by which the prices of goods and services are established in a market economy. This process is influenced by various factors, including supply and demand, production costs, and market competition. To begin with, the law of supply and demand plays a fundamental role in price determination. When the demand for a product increases while the supply remains constant, prices tend to rise. Conversely, if there is an oversupply of a product and demand decreases, prices will likely fall. For instance, during the holiday season, the demand for toys surges, leading to higher prices due to limited availability. On the other hand, after the holidays, retailers may lower prices to clear out excess inventory, demonstrating how demand fluctuations impact price determination.Another important aspect of price determination is the cost of production. Producers must consider the expenses involved in manufacturing their products, including raw materials, labor, and overhead costs. If production costs increase, manufacturers may raise their prices to maintain profit margins. For example, if the price of steel rises significantly, car manufacturers might increase the prices of vehicles to offset these higher costs. Thus, production costs directly influence the price determination process.Market competition also plays a vital role in price determination. In a competitive market, businesses strive to attract customers by offering better prices or superior quality. This competition can lead to lower prices as companies try to outdo one another. For instance, in the smartphone market, multiple brands compete for consumer attention, resulting in various pricing strategies that affect overall price determination. Companies may introduce discounts, promotions, or new features to entice buyers, showcasing how competition shapes the pricing landscape.Moreover, external factors such as government policies, economic conditions, and consumer preferences can further complicate price determination. For example, government regulations on certain industries can impose limits on pricing, affecting how companies set their prices. Additionally, during economic downturns, consumers may prioritize essential goods over luxury items, shifting demand patterns and influencing price determination in the marketplace.In conclusion, price determination is a multifaceted process influenced by supply and demand dynamics, production costs, market competition, and external factors. Understanding this concept is essential for both consumers seeking the best deals and producers aiming to maximize profits. By comprehending how prices are set, individuals can make informed decisions in their purchasing and selling activities, ultimately contributing to a more efficient and equitable market economy.

在经济学的世界中,理解“价格决定”这一概念对消费者和生产者都至关重要。“价格决定”是指在市场经济中商品和服务价格的确定过程。这个过程受到多种因素的影响,包括供求关系、生产成本和市场竞争。首先,供求法则在“价格决定”中起着基本作用。当某一产品的需求增加而供应保持不变时,价格往往会上涨。相反,如果产品过剩而需求减少,价格可能会下降。例如,在假日季节,玩具的需求激增,由于供应有限,导致价格上涨。另一方面,假期过后,零售商可能会降低价格以清理过剩的库存,这表明需求波动如何影响“价格决定”。“价格决定”的另一个重要方面是生产成本。生产者必须考虑制造产品所涉及的费用,包括原材料、劳动力和间接费用。如果生产成本增加,制造商可能会提高价格以维持利润率。例如,如果钢铁价格大幅上涨,汽车制造商可能会提高车辆价格以抵消这些更高的成本。因此,生产成本直接影响“价格决定”的过程。市场竞争也在“价格决定”中发挥着至关重要的作用。在竞争激烈的市场中,企业努力通过提供更好的价格或优质的产品来吸引消费者。这种竞争可能会导致价格下降,因为公司试图超越对手。例如,在智能手机市场,多个品牌争夺消费者的关注,导致各种定价策略影响整体“价格决定”。公司可能会推出折扣、促销或新功能来吸引买家,展示了竞争如何塑造定价格局。此外,政府政策、经济状况和消费者偏好等外部因素可能进一步复杂化“价格决定”。例如,政府对某些行业的监管可能会对定价施加限制,从而影响公司设定价格的方式。此外,在经济衰退期间,消费者可能会优先考虑必需品而非奢侈品,改变需求模式并影响市场中的“价格决定”。总之,“价格决定”是一个多方面的过程,受供求动态、生产成本、市场竞争和外部因素的影响。理解这一概念对寻求最佳交易的消费者和旨在最大化利润的生产者都至关重要。通过理解价格是如何设定的,个人可以在购买和销售活动中做出明智的决策,从而最终促进一个更加高效和公平的市场经济。

相关单词

determination

determination详解:怎么读、什么意思、用法