absolute cost advantage

简明释义

绝对成本优势

英英释义

Absolute cost advantage refers to the ability of a producer to create a good or service at a lower absolute cost than another producer, allowing them to sell it at a more competitive price.

绝对成本优势是指生产者以低于其他生产者的绝对成本生产商品或服务的能力,从而使其能够以更具竞争力的价格出售该商品或服务。

例句

1.By leveraging its absolute cost advantage 绝对成本优势, the firm was able to lower prices and increase market share.

通过利用其绝对成本优势,该公司能够降低价格并增加市场份额。

2.The company has an absolute cost advantage 绝对成本优势 over its competitors due to lower production costs.

由于生产成本较低,该公司相对于其竞争对手拥有一个绝对成本优势

3.Countries with an absolute cost advantage 绝对成本优势 can produce goods more efficiently than others.

拥有绝对成本优势的国家可以比其他国家更有效地生产商品。

4.An absolute cost advantage 绝对成本优势 allows a business to outperform its rivals in pricing strategies.

一个绝对成本优势使企业能够在定价策略上超越竞争对手。

5.The textile industry in this region enjoys an absolute cost advantage 绝对成本优势 because of cheaper labor.

这个地区的纺织行业由于劳动力成本较低,享有绝对成本优势

作文

In the world of economics, the concept of absolute cost advantage refers to the ability of a party to produce a good or service at a lower cost than another party. This principle is crucial in understanding international trade and how countries can benefit from specializing in the production of certain goods. When a country has an absolute cost advantage, it means that it can produce a product using fewer resources or at a lower expense compared to its competitors. For instance, if Country A can produce wheat more efficiently than Country B due to better technology or more fertile land, then Country A possesses an absolute cost advantage in wheat production.This advantage allows countries to focus on their strengths and trade with others for goods that they do not produce as efficiently. The theory of comparative advantage builds upon this idea, suggesting that even if one country holds an absolute cost advantage in all products, it can still benefit from trade by specializing in the goods that it produces most efficiently relative to other goods. This leads to a more efficient allocation of resources globally.Understanding absolute cost advantage also helps businesses strategize their operations. Companies often assess their production costs in comparison to their competitors to determine where they can gain an edge. If a company realizes it has an absolute cost advantage in manufacturing a particular component, it may choose to focus on that product line while outsourcing other components that are more expensive for them to produce. This strategic decision can lead to higher profit margins and a stronger market position.Moreover, the absolute cost advantage can influence labor markets and employment patterns. Countries or companies that can produce goods at a lower cost may attract more investment and create more jobs in those sectors. This phenomenon can lead to economic growth and development in regions that capitalize on their absolute cost advantage. However, it can also result in challenges for industries that cannot compete, potentially leading to job losses and economic displacement.In conclusion, the concept of absolute cost advantage is vital for understanding both international trade and business strategy. It emphasizes the importance of efficiency and resource management in production. By recognizing their absolute cost advantages, countries and companies can make informed decisions that enhance their competitiveness in the global market. As the economy becomes increasingly interconnected, grasping this concept will be essential for anyone looking to thrive in the modern business landscape.

在经济学的世界中,绝对成本优势这一概念指的是一方能够以低于另一方的成本生产商品或服务的能力。这个原则对于理解国际贸易以及国家如何通过专注于某些商品的生产而获益至关重要。当一个国家拥有绝对成本优势时,这意味着它能够以更少的资源或更低的费用生产某种产品。例如,如果A国由于技术更先进或土地更肥沃而能比B国更高效地生产小麦,那么A国在小麦生产方面就拥有了绝对成本优势。这种优势使得各国能够专注于自己的优势,并与他国进行贸易,以获得那些它们生产效率较低的商品。比较优势理论建立在这一理念之上,建议即使一个国家在所有产品上都拥有绝对成本优势,它仍然可以通过专注于相对其他商品生产最有效的商品从贸易中受益。这导致全球资源的更高效分配。理解绝对成本优势也帮助企业制定其运营策略。公司通常会评估其生产成本与竞争对手的比较,以确定在哪里可以获得优势。如果一家公司意识到它在制造某个特定组件上具有绝对成本优势,它可能会选择专注于该产品线,同时外包那些生产成本较高的其他组件。这一战略决策可以带来更高的利润率和更强的市场地位。此外,绝对成本优势还可以影响劳动力市场和就业模式。能够以较低成本生产商品的国家或公司可能会吸引更多投资,并在这些行业创造更多就业机会。这种现象可能导致经济增长和发展,尤其是在能够利用其绝对成本优势的地区。然而,这也可能导致无法竞争的行业面临挑战,可能导致失业和经济转型。总之,绝对成本优势这一概念对于理解国际贸易和商业战略至关重要。它强调了生产效率和资源管理的重要性。通过识别自身的绝对成本优势,国家和公司可以做出明智的决策,从而提升其在全球市场中的竞争力。随着经济日益互联,掌握这一概念将对任何希望在现代商业环境中蓬勃发展的个人至关重要。

相关单词

absolute

absolute详解:怎么读、什么意思、用法