equilibrium price
简明释义
平衡价格
英英释义
例句
1.If a company sets its price above the equilibrium price, it may experience excess supply.
如果一家公司将价格定在均衡价格之上,它可能会经历供过于求的情况。
2.The market reached an equilibrium price when the supply of apples matched the demand, resulting in a stable price.
当苹果的供应与需求相匹配时,市场达到了均衡价格,导致价格稳定。
3.When the equilibrium price for gasoline increases, consumers may start using public transportation more.
当汽油的均衡价格上升时,消费者可能会开始更多地使用公共交通。
4.The equilibrium price for rental apartments in the city has risen due to increased demand from new residents.
由于新居民的需求增加,这座城市的出租公寓的均衡价格已经上升。
5.Economists use the concept of equilibrium price to predict how changes in demand affect market prices.
经济学家使用均衡价格的概念来预测需求变化如何影响市场价格。
作文
In the world of economics, the concept of equilibrium price plays a crucial role in understanding how markets function. The equilibrium price is defined as the price at which the quantity of a good demanded by consumers equals the quantity supplied by producers. This balance ensures that there is neither a surplus nor a shortage of the product in the market, leading to a stable economic environment.To illustrate this concept, let's consider the market for apples. Suppose that at a price of $1 per apple, consumers are willing to buy 100 apples, but producers are only willing to supply 80 apples. In this scenario, there is a shortage of apples, which means that demand exceeds supply. As a result, the price of apples will begin to rise. Conversely, if the price rises to $1.50, consumers may only want to purchase 70 apples, while producers may be willing to supply 120 apples. Here, we have a surplus, where supply exceeds demand, prompting the price to decrease.The equilibrium price is reached when the market adjusts itself. In our apple example, let’s say that through these fluctuations, the price settles at $1.25. At this price, consumers are willing to buy 90 apples, and producers are willing to supply 90 apples as well. Thus, we find ourselves at the equilibrium price, where the market is in balance.Understanding the equilibrium price is essential not only for economists but also for businesses and consumers. For businesses, knowing the equilibrium price helps them set prices that maximize their profits while remaining competitive in the market. If they price their products above the equilibrium price, they risk losing sales due to reduced demand. On the other hand, pricing below the equilibrium price may lead to a loss of potential revenue as they might not be able to meet the increased demand.Consumers also benefit from understanding the equilibrium price. It helps them make informed decisions about their purchases. When they know the equilibrium price, they can better assess whether they are getting a fair deal or if the price is too high compared to the market standard.Moreover, the equilibrium price is not static; it can change due to various factors such as shifts in consumer preferences, changes in production costs, or external economic conditions. For instance, if a new health study reveals that apples have significant health benefits, the demand for apples may increase, shifting the demand curve to the right. This shift would lead to a new equilibrium price, higher than before, as consumers are willing to pay more for the now highly sought-after apples.In conclusion, the concept of equilibrium price is fundamental in economics, representing a state of balance in the market. It illustrates how supply and demand interact to determine the price of goods and services. By understanding the equilibrium price, individuals and businesses can navigate the complexities of the market more effectively, making informed decisions that align with economic realities. Whether you are a producer looking to optimize your pricing strategy or a consumer seeking the best value for your money, the equilibrium price serves as a key reference point in the ever-changing landscape of the marketplace.
在经济学的世界中,均衡价格的概念在理解市场如何运作方面起着至关重要的作用。均衡价格被定义为消费者所需的商品数量与生产者所提供的商品数量相等时的价格。这种平衡确保市场上既没有过剩也没有短缺,从而导致一个稳定的经济环境。为了说明这一概念,让我们考虑苹果的市场。假设在每个苹果1美元的价格下,消费者愿意购买100个苹果,但生产者只愿意提供80个苹果。在这种情况下,苹果出现了短缺,这意味着需求超过了供应。因此,苹果的价格将开始上涨。相反,如果价格上涨到1.50美元,消费者可能只想购买70个苹果,而生产者可能愿意提供120个苹果。在这里,我们有一个过剩,供应超过了需求,促使价格下降。当市场自行调整时,均衡价格就达成了。在我们的苹果例子中,假设通过这些波动,价格稳定在1.25美元。在这个价格下,消费者愿意购买90个苹果,而生产者也愿意提供90个苹果。因此,我们发现自己处于均衡价格,市场处于平衡状态。理解均衡价格不仅对经济学家至关重要,对企业和消费者也是如此。对于企业来说,了解均衡价格有助于他们设定能够最大化利润的价格,同时保持市场竞争力。如果他们的产品定价高于均衡价格,则可能因需求减少而失去销售。另一方面,低于均衡价格定价可能导致潜在收入的损失,因为他们可能无法满足增加的需求。消费者也能从理解均衡价格中受益。这帮助他们做出明智的购买决策。当他们知道均衡价格时,他们可以更好地评估自己是否得到了公平的交易,或者价格是否高于市场标准。此外,均衡价格并不是静态的;它可能由于消费者偏好的变化、生产成本的变化或外部经济条件的变化而发生变化。例如,如果一项新的健康研究显示苹果具有显著的健康益处,苹果的需求可能会增加,从而使需求曲线向右移动。这一变化将导致新的均衡价格,高于之前的价格,因为消费者愿意为现在高度追捧的苹果支付更多。总之,均衡价格的概念在经济学中是基础性的,代表了市场中的一种平衡状态。它说明了供需如何相互作用以决定商品和服务的价格。通过理解均衡价格,个人和企业可以更有效地应对市场的复杂性,做出符合经济现实的明智决策。无论您是希望优化定价策略的生产者,还是寻求最佳价值的消费者,均衡价格都是市场不断变化的景观中的一个关键参考点。