price-taking market
简明释义
市价市场
英英释义
例句
1.A price-taking market usually features many buyers and sellers, leading to competition.
一个价格接受市场通常有许多买家和卖家,从而导致竞争。
2.Farmers operate in a price-taking market where their output is just one of many.
农民在一个价格接受市场中经营,他们的产出只是众多中的一部分。
3.The stock market is often considered a price-taking market for individual investors.
股票市场通常被认为是一个针对个人投资者的价格接受市场。
4.In a price-taking market, individual sellers cannot influence the overall price of goods.
在一个价格接受市场中,个别卖家无法影响商品的整体价格。
5.In a price-taking market, consumers benefit from lower prices due to high competition.
在一个价格接受市场中,由于激烈的竞争,消费者从较低的价格中受益。
作文
In the world of economics, understanding market structures is crucial for both consumers and producers. One such market structure is known as a price-taking market, which plays a vital role in determining how prices are set and how resources are allocated. A price-taking market is characterized by numerous buyers and sellers, where no single participant has the power to influence the market price. This type of market is often associated with perfect competition, where products are homogeneous, and information is freely available to all participants.In a price-taking market, individual firms are considered price takers because they must accept the prevailing market price for their goods or services. This means that if a firm attempts to charge a higher price than the market rate, consumers will simply purchase from competitors who offer the same product at a lower price. Consequently, firms in a price-taking market focus on maximizing their output and minimizing costs to remain competitive.One of the defining features of a price-taking market is the absence of barriers to entry and exit. New firms can enter the market freely when they see an opportunity for profit, while existing firms can exit without facing significant obstacles. This fluidity helps maintain competition and ensures that prices reflect the true cost of production. In such markets, the forces of supply and demand dictate prices, leading to an equilibrium where the quantity supplied equals the quantity demanded.Moreover, a price-taking market is essential for economic efficiency. Since firms cannot set their prices above the market level, they are incentivized to produce at the lowest possible cost. This results in optimal resource allocation, as resources flow to the most efficient producers. Consumers benefit from lower prices and increased choices, while firms that cannot compete effectively may be forced to innovate or improve their operations.However, it's important to note that while price-taking markets promote competition and efficiency, they can also lead to challenges. For instance, firms might engage in practices such as reducing quality to cut costs or failing to invest in innovation due to tight profit margins. Additionally, external factors, such as government regulations or changes in consumer preferences, can disrupt the balance in a price-taking market, leading to fluctuations in supply and demand.In conclusion, a price-taking market serves as a foundational concept in economics, illustrating how competition influences pricing and production decisions. Understanding this market structure is vital for anyone involved in business or economics, as it highlights the importance of competition and efficiency in driving economic growth. By recognizing the characteristics and implications of a price-taking market, individuals can better navigate the complexities of the marketplace and make informed decisions that contribute to their success. Ultimately, the dynamics of a price-taking market remind us of the delicate balance between supply, demand, and the role of competition in shaping our economic landscape.
在经济学的世界中,理解市场结构对消费者和生产者都至关重要。其中一种市场结构被称为价格接受市场,它在确定价格和资源分配方面发挥着重要作用。价格接受市场的特点是有大量的买家和卖家,其中没有单个参与者能够影响市场价格。这种类型的市场通常与完全竞争相关,产品是同质的,所有参与者都可以自由获取信息。在价格接受市场中,个别公司被视为价格接受者,因为它们必须接受其商品或服务的现行市场价格。这意味着,如果一家公司试图收取高于市场价格的费用,消费者将简单地从提供相同产品的竞争对手那里购买。因此,价格接受市场中的公司专注于最大化产出和最小化成本,以保持竞争力。价格接受市场的一个定义特征是没有进入和退出的障碍。当新公司看到盈利机会时,可以自由进入市场,而现有公司也可以在没有重大障碍的情况下退出。这种流动性有助于维持竞争,并确保价格反映生产的真实成本。在这样的市场中,供需力量决定价格,从而导致供给数量等于需求数量的均衡。此外,价格接受市场对于经济效率至关重要。由于公司无法将价格设定在市场水平之上,因此它们被激励以最低的成本进行生产。这导致资源的最佳配置,因为资源流向最有效的生产者。消费者受益于更低的价格和更多的选择,而无法有效竞争的公司可能被迫创新或改善其运营。然而,值得注意的是,虽然价格接受市场促进了竞争和效率,但它们也可能带来挑战。例如,公司可能会通过降低质量来削减成本,或者由于利润微薄而未能投资于创新。此外,外部因素,如政府法规或消费者偏好的变化,可能会扰乱价格接受市场中的平衡,导致供需波动。总之,价格接受市场作为经济学中的一个基础概念,说明了竞争如何影响定价和生产决策。理解这种市场结构对于任何参与商业或经济学的人来说都是至关重要的,因为它突出了竞争和效率在推动经济增长中的重要性。通过认识到价格接受市场的特征和影响,个人可以更好地驾驭市场的复杂性,并做出有助于其成功的明智决策。最终,价格接受市场的动态提醒我们,供需之间的微妙平衡以及竞争在塑造我们经济格局中的作用。
相关单词