relative marginal value

简明释义

相对边际价值

英英释义

Relative marginal value refers to the additional benefit or utility gained from consuming or utilizing one more unit of a good or service, compared to the additional benefit gained from alternative goods or services.

相对边际价值是指消费或使用一单位商品或服务所获得的额外收益或效用,相对于从替代商品或服务中获得的额外收益。

例句

1.When allocating resources, businesses must consider the relative marginal value of each option to maximize profits.

在分配资源时,企业必须考虑每个选项的相对边际价值以最大化利润。

2.In economics, the concept of relative marginal value is crucial for understanding consumer choices.

在经济学中,相对边际价值的概念对于理解消费者选择至关重要。

3.Investors often analyze the relative marginal value of different stocks before making decisions.

投资者在做出决策之前,通常会分析不同股票的相对边际价值

4.Understanding the relative marginal value of various marketing strategies can lead to better campaign results.

理解各种营销策略的相对边际价值可以带来更好的活动结果。

5.The relative marginal value of additional training can significantly impact employee productivity.

额外培训的相对边际价值可以显著影响员工生产力。

作文

In the field of economics, the concept of relative marginal value plays a crucial role in decision-making processes. The term refers to the additional benefit gained from consuming one more unit of a good or service, compared to the next best alternative. Understanding this concept is essential for both consumers and producers as it helps them make informed choices that maximize their utility and profit.To illustrate the importance of relative marginal value, consider a simple scenario involving two goods: apples and oranges. Suppose a consumer has a budget of $10 and can choose to buy either apples or oranges. If the price of apples is $2 each and the price of oranges is $1 each, the consumer faces a decision on how to allocate their budget to maximize their satisfaction.Initially, the consumer might choose to buy three apples and one orange. The total expenditure would be $7, leaving them with $3. However, if they were to evaluate the relative marginal value of the last apple consumed compared to the last orange, they might find that the satisfaction derived from that last apple is not as high as the satisfaction they would gain from buying two more oranges instead. This realization could lead them to reconsider their purchase strategy, ultimately deciding to buy more oranges instead of apples.From a producer's perspective, understanding relative marginal value is equally important. For instance, a farmer who grows both apples and oranges must decide how to allocate their resources effectively. If the farmer realizes that the relative marginal value of growing oranges is higher than that of apples due to current market demand, they may choose to invest more time and resources into cultivating oranges. This decision can significantly impact their overall profitability.Moreover, the concept of relative marginal value extends beyond individual choices in consumption and production. It also applies to public policy and resource allocation at a macroeconomic level. Governments often have to make decisions about where to allocate limited resources. By evaluating the relative marginal value of various projects or initiatives, policymakers can determine which programs will yield the greatest societal benefit. For example, investing in education may have a higher relative marginal value compared to spending on infrastructure if the long-term benefits of an educated workforce outweigh the immediate gains from improved roads.In conclusion, the understanding of relative marginal value is vital for making effective economic decisions. Whether it is a consumer choosing between apples and oranges, a farmer deciding what crops to grow, or a government allocating resources, the ability to assess the additional benefits of one option over another can lead to more optimal outcomes. As individuals and societies continue to face choices in resource allocation, the concept of relative marginal value will remain a fundamental principle guiding our decisions and shaping our economic landscape.

在经济学领域,相对边际价值的概念在决策过程中发挥着至关重要的作用。这个术语指的是相比于下一个最佳替代品,消费一单位商品或服务所获得的额外利益。理解这一概念对消费者和生产者都至关重要,因为它帮助他们做出明智的选择,以最大化效用和利润。为了说明相对边际价值的重要性,考虑一个涉及两种商品的简单场景:苹果和橙子。假设一个消费者有10美元的预算,可以选择购买苹果或橙子。如果苹果的价格是每个2美元,而橙子的价格是每个1美元,消费者面临着如何分配预算以最大化满意度的决策。最初,消费者可能选择购买三个苹果和一个橙子。总支出将是7美元,剩下3美元。然而,如果他们评估最后一个苹果与最后一个橙子的相对边际价值,他们可能会发现,从最后一个苹果中获得的满足感并不如购买两个橙子所带来的满足感高。这一认识可能促使他们重新考虑购买策略,最终决定购买更多橙子而不是苹果。从生产者的角度来看,理解相对边际价值同样重要。例如,种植苹果和橙子的农民必须决定如何有效分配资源。如果农民意识到由于当前市场需求,种植橙子的相对边际价值高于苹果,他们可能选择投入更多时间和资源来种植橙子。这一决定可能会显著影响他们的整体盈利能力。此外,相对边际价值的概念不仅限于个人消费和生产选择。它也适用于宏观经济层面的公共政策和资源分配。政府常常必须决定在哪里分配有限的资源。通过评估各种项目或倡议的相对边际价值,政策制定者可以确定哪些项目将产生最大的社会效益。例如,如果受过教育的劳动力的长期收益超过改善道路的即时收益,那么投资教育的相对边际价值可能更高。总之,理解相对边际价值对于做出有效的经济决策至关重要。无论是消费者在苹果和橙子之间选择,农民决定种植什么作物,还是政府分配资源,评估一种选择相对于另一种选择所带来的额外利益的能力都能导致更优的结果。随着个人和社会继续面临资源分配的选择,相对边际价值的概念将继续作为指导我们决策和塑造经济格局的基本原则。

相关单词

relative

relative详解:怎么读、什么意思、用法

marginal

marginal详解:怎么读、什么意思、用法