complete elasticity; perfect elasticity

简明释义

完全弹性

英英释义

例句

1.In economics, when we say a product has complete elasticity; perfect elasticity, it means that the quantity demanded changes infinitely with any change in price.

在经济学中，当我们说一个产品具有完全弹性；完美弹性时，这意味着需求量会因价格的任何变化而无限变化。

2.If a small increase in the price of a service leads to a huge drop in demand, we can say that the service has complete elasticity; perfect elasticity.

如果服务的小幅提价导致需求大幅下降，我们可以说该服务具有完全弹性；完美弹性。

3.A luxury item often exhibits complete elasticity; perfect elasticity because consumers can easily forgo it if prices rise.

奢侈品通常表现出完全弹性；完美弹性，因为如果价格上涨，消费者可以很容易地放弃购买。

4.The concept of complete elasticity; perfect elasticity is crucial in determining pricing strategies for businesses.

概念完全弹性；完美弹性对企业制定定价策略至关重要。

5.In a perfectly competitive market, many goods are expected to have complete elasticity; perfect elasticity due to the availability of substitutes.

在完全竞争市场中，由于替代品的存在，许多商品预计具有完全弹性；完美弹性。

作文

Elasticity is a fundamental concept in economics that describes how the quantity demanded or supplied of a good responds to changes in price. Among the various types of elasticity, complete elasticity; perfect elasticity stands out as an extreme case where the quantity demanded or supplied changes infinitely with any change in price. This means that consumers or producers are perfectly sensitive to price changes, leading to a horizontal demand or supply curve. Understanding this concept is crucial for economists and businesses alike, as it helps in predicting consumer behavior and market dynamics.To illustrate complete elasticity; perfect elasticity, consider a hypothetical market for a highly substitutable product, such as bottled water. If the price of bottled water increases even slightly, consumers may switch to alternatives like tap water or other beverages without hesitation. In this scenario, the demand for bottled water becomes perfectly elastic. Any increase in price results in a total loss of demand, while a decrease in price could lead to an infinite increase in the quantity demanded. Therefore, the demand curve for bottled water would be represented as a horizontal line at the prevailing market price.On the other hand, perfect elasticity can also be observed in certain supply scenarios. For instance, if a farmer produces a unique crop that can be sold at any price, the supply of that crop may be perfectly elastic. If the market price rises, the farmer can increase production infinitely to meet the demand. Conversely, if the price falls, the farmer can instantly reduce supply to avoid losses. In this case, the supply curve would also be horizontal, indicating that the quantity supplied is highly responsive to price changes.The implications of complete elasticity; perfect elasticity extend beyond theoretical discussions. For businesses, understanding the elasticity of their products can inform pricing strategies. If a company recognizes that its product has a perfectly elastic demand, it must be cautious with price increases, as even a minor hike could lead to a complete drop in sales. Conversely, if the demand for a product is inelastic, the company might have more leeway to raise prices without losing customers.Moreover, policymakers also benefit from understanding elasticity. When considering taxes or subsidies, knowing whether a market exhibits complete elasticity; perfect elasticity can guide decisions on how these measures will impact overall consumption and revenue. For example, imposing a tax on a perfectly elastic product could result in a significant decrease in sales, while applying a subsidy could dramatically increase consumption.In conclusion, complete elasticity; perfect elasticity serves as a vital concept in understanding market behavior. It highlights the sensitivity of demand and supply to price changes and provides valuable insights for businesses and policymakers. By recognizing the conditions under which perfect elasticity occurs, stakeholders can make informed decisions that align with market dynamics and consumer preferences. Thus, mastering the concept of complete elasticity; perfect elasticity is essential for anyone involved in economic analysis, business strategy, or public policy.

弹性是经济学中的一个基本概念，描述了商品的需求量或供应量如何对价格变化做出反应。在各种弹性类型中，完全弹性；完美弹性作为一种极端情况脱颖而出，其中需求量或供应量随着价格的任何变化而无限变化。这意味着消费者或生产者对价格变化非常敏感，从而导致水平的需求或供应曲线。理解这一概念对经济学家和企业来说至关重要，因为它有助于预测消费者行为和市场动态。为了说明完全弹性；完美弹性，我们可以考虑一个假设的高度可替代产品市场，例如瓶装水。如果瓶装水的价格稍微上涨，消费者可能会毫不犹豫地转向其他替代品，比如自来水或其他饮料。在这种情况下，瓶装水的需求变得完美弹性。任何价格的上涨都会导致需求的完全丧失，而价格的下降可能会导致需求量的无限增加。因此，瓶装水的需求曲线将在现行市场价格处表示为一条水平线。另一方面，在某些供应场景中也可以观察到完美弹性。例如，如果一位农民生产一种独特的作物，可以以任何价格出售，那么该作物的供应可能是完美弹性的。如果市场价格上涨，农民可以无限增加产量以满足需求。相反，如果价格下降，农民可以立即减少供应以避免损失。在这种情况下，供应曲线也将是水平的，表明供应量对价格变化高度敏感。完全弹性；完美弹性的影响超越了理论讨论。对于企业来说，了解其产品的弹性可以为定价策略提供信息。如果一家公司意识到其产品具有完美弹性的需求，它必须对价格上涨保持谨慎，因为即使是轻微的涨价也可能导致销售的完全下降。相反，如果某个产品的需求是无弹性的，公司在提价时可能有更多的余地，而不会失去客户。此外，政策制定者也能从理解弹性中受益。在考虑税收或补贴时，了解某个市场是否表现出完全弹性；完美弹性可以指导这些措施将如何影响整体消费和收入。例如，对完美弹性产品征税可能会导致销售显著下降，而施加补贴则可能会大幅增加消费。总之，完全弹性；完美弹性作为理解市场行为的重要概念，突显了需求和供应对价格变化的敏感性，并为企业和政策制定者提供了宝贵的见解。通过认识到完美弹性发生的条件，利益相关者可以做出与市场动态和消费者偏好一致的明智决策。因此，掌握完全弹性；完美弹性的概念对于任何参与经济分析、商业战略或公共政策的人来说都是至关重要的。