relative marginal value

简明释义

相对的边际价值

英英释义

Relative marginal value refers to the additional benefit or utility gained from consuming or using one more unit of a good or service compared to the next best alternative.

相对边际价值是指与下一个最佳替代品相比,消费或使用多一单位商品或服务所获得的额外利益或效用。

例句

1.The relative marginal value of additional training for employees can lead to increased productivity and job satisfaction.

对员工进行额外培训的相对边际价值可以提高生产力和工作满意度。

2.In economics, understanding the relative marginal value of different goods helps consumers make informed choices.

在经济学中,理解不同商品的相对边际价值有助于消费者做出明智的选择。

3.By analyzing the relative marginal value of different marketing strategies, the company was able to optimize its advertising budget.

通过分析不同营销策略的相对边际价值,公司能够优化其广告预算。

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

在分配资源时,企业必须考虑每个项目的相对边际价值以最大化利润。

5.The relative marginal value of investing in renewable energy versus fossil fuels can significantly impact long-term sustainability.

投资可再生能源与化石燃料的相对边际价值可能会显著影响长期可持续性。

作文

In the realm of economics, understanding concepts such as supply and demand is crucial. One important concept that often arises in discussions of economic decision-making is the idea of relative marginal value. This term refers to the additional benefit gained from consuming or utilizing one more unit of a good or service, compared to the alternatives available. Essentially, it helps individuals and businesses make informed choices about resource allocation.To illustrate the significance of relative marginal value, consider a scenario involving two different types of fruits: apples and oranges. Suppose you are at a market where apples cost $1 each and oranges cost $0.50 each. If you are particularly fond of apples, the first apple you buy may provide immense satisfaction. However, as you continue to purchase more apples, the satisfaction you derive from each additional apple diminishes. This is known as diminishing marginal utility.Now, if you were to compare the relative marginal value of an apple versus an orange, you might find that after purchasing several apples, the next unit of fruit you consume (an orange) could provide a higher level of satisfaction than the next apple, due to the lower price and the novelty of a different flavor. Hence, the relative marginal value of the orange becomes more appealing, influencing your decision on what to purchase next.This principle extends beyond personal consumption to business strategies as well. Companies must constantly evaluate the relative marginal value of their products or services against those of competitors. For instance, if a tech company is deciding whether to invest in developing a new smartphone or enhancing an existing model, they will assess the relative marginal value of potential sales from each option. If the new smartphone is projected to yield significantly higher profits and customer satisfaction, the company may choose to pursue that path instead.Understanding relative marginal value also plays a crucial role in public policy. Governments often analyze the relative marginal value of various programs when allocating budgets. For instance, a government may need to decide between funding education or healthcare initiatives. By evaluating the expected benefits of each program—such as improved literacy rates versus better health outcomes—they can allocate resources in a way that maximizes societal welfare.In conclusion, the concept of relative marginal value is a powerful tool for making decisions in both personal and professional contexts. It allows individuals and organizations to weigh the benefits of different choices and optimize their resource allocation. By grasping this concept, one can navigate the complexities of economic decision-making more effectively. Ultimately, the ability to assess relative marginal value can lead to more informed choices that enhance satisfaction and productivity in various aspects of life.

在经济学领域,理解供求等概念至关重要。在经济决策的讨论中,一个常常出现的重要概念是相对边际价值。这个术语指的是消费或利用一种商品或服务的额外收益,与可用的替代品相比。它本质上帮助个人和企业做出关于资源配置的明智选择。为了说明相对边际价值的重要性,考虑一个涉及两种不同水果的场景:苹果和橙子。假设你在一个市场上,苹果每个售价1美元,橙子每个售价0.5美元。如果你特别喜欢苹果,那么你买的第一个苹果可能会带来极大的满足感。然而,随着你继续购买更多的苹果,每增加一个苹果所获得的满足感会减少。这被称为边际效用递减。现在,如果你要比较苹果和橙子的相对边际价值,你可能会发现,在购买了几个苹果后,你消费的下一个水果(一个橙子)可能会比下一个苹果提供更高的满足感,因为橙子的价格更低且口味新颖。因此,橙子的相对边际价值变得更加吸引人,从而影响你接下来要购买的决定。这一原则不仅延伸到个人消费,也适用于商业策略。公司必须不断评估其产品或服务的相对边际价值与竞争对手的产品或服务之间的关系。例如,如果一家科技公司正在决定是投资开发一款新智能手机还是增强现有型号,他们会评估每个选项的相对边际价值。如果新智能手机预计将带来显著更高的利润和客户满意度,公司可能会选择追求该方向。理解相对边际价值在公共政策中也发挥着至关重要的作用。政府在分配预算时,通常会分析各种项目的相对边际价值。例如,政府可能需要在资助教育或医疗保健计划之间做出决定。通过评估每个项目的预期收益,例如改善识字率与更好的健康结果,他们可以以最大化社会福利的方式分配资源。总之,相对边际价值的概念是个人和专业环境中做出决策的强大工具。它使个人和组织能够权衡不同选择的好处,并优化资源配置。通过掌握这一概念,人们可以更有效地应对经济决策的复杂性。最终,评估相对边际价值的能力可以导致更明智的选择,从而在生活的各个方面提高满意度和生产力。

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