coefficient of price elasticity of demand

简明释义

需求价格弹性系数

英英释义

例句

1.The coefficient of price elasticity of demand measures how sensitive consumers are to price changes in a product.

价格弹性系数coefficient of price elasticity of demand衡量消费者对产品价格变化的敏感程度。

2.Understanding the coefficient of price elasticity of demand helps companies predict consumer behavior during price changes.

理解价格弹性系数coefficient of price elasticity of demand有助于公司预测消费者在价格变化时的行为。

3.If the coefficient of price elasticity of demand is less than one, the demand is considered inelastic.

如果价格弹性系数coefficient of price elasticity of demand小于1，则需求被认为是缺乏弹性的。

4.A high coefficient of price elasticity of demand indicates that a small change in price will lead to a large change in quantity demanded.

高的价格弹性系数coefficient of price elasticity of demand表明价格的小幅变化将导致需求量的大幅变化。

5.Businesses often analyze the coefficient of price elasticity of demand to set optimal pricing strategies.

企业通常分析价格弹性系数coefficient of price elasticity of demand以制定最佳定价策略。

作文

The concept of the coefficient of price elasticity of demand is fundamental in economics, as it measures how the quantity demanded of a good responds to a change in its price. This coefficient provides valuable insights into consumer behavior and helps businesses and policymakers make informed decisions. When we discuss the coefficient of price elasticity of demand (需求的价格弹性系数), we are essentially examining the relationship between price changes and the resulting changes in demand for a product or service.To understand this concept better, let’s consider a practical example. Imagine a popular beverage brand that decides to increase its price by 10%. If the coefficient of price elasticity of demand is calculated to be -1.5, this indicates that the quantity demanded will decrease by 15%. This negative value signifies an inverse relationship between price and demand; as prices rise, demand tends to fall. Such information is crucial for businesses as it helps them anticipate how consumers might react to price adjustments.The coefficient of price elasticity of demand can be categorized into three types: elastic, inelastic, and unitary elastic. An elastic demand (with a coefficient greater than 1) suggests that consumers are highly responsive to price changes. For instance, luxury goods often fall into this category, where a slight increase in price can lead to a significant drop in sales. Conversely, inelastic demand (with a coefficient less than 1) indicates that consumers are less sensitive to price changes. Essential goods, such as medications or basic food items, typically exhibit inelastic demand because consumers need them regardless of price fluctuations.Unitary elastic demand occurs when the coefficient of price elasticity of demand equals 1, meaning that the percentage change in quantity demanded is exactly equal to the percentage change in price. This scenario is relatively rare but can occur in markets where consumers have balanced alternatives available.Understanding the coefficient of price elasticity of demand also plays a significant role in government policy-making. For example, if a government is considering imposing a tax on sugary drinks, knowing the elasticity of demand can help predict the potential impact on consumption. If the demand for these drinks is elastic, the tax may lead to a substantial decrease in sales, which could align with public health goals. However, if the demand is inelastic, the tax may not significantly affect consumption, potentially leading to higher revenue without achieving desired health outcomes.In conclusion, the coefficient of price elasticity of demand is a crucial measure that informs various economic decisions. Whether for businesses setting prices or governments crafting policies, understanding how demand responds to price changes is essential for navigating the complexities of the market. By analyzing this coefficient, stakeholders can better predict consumer behavior, optimize pricing strategies, and implement effective regulations that align with their objectives. The implications of the coefficient of price elasticity of demand extend far beyond mere numbers; they shape the economic landscape and influence the choices we make every day.

需求的价格弹性系数是经济学中的一个基本概念，因为它衡量了商品的需求量对价格变化的反应程度。这个系数提供了有关消费者行为的宝贵见解，帮助企业和政策制定者做出明智的决策。当我们讨论需求的价格弹性系数时，我们实际上是在考察价格变化与产品或服务需求变化之间的关系。为了更好地理解这个概念，让我们考虑一个实际的例子。想象一个受欢迎的饮料品牌决定将其价格提高10%。如果计算出的需求的价格弹性系数为-1.5，这表明需求量将减少15%。这个负值表明价格与需求之间存在反向关系；随着价格上涨，需求往往会下降。这些信息对企业至关重要，因为它们可以帮助企业预测消费者如何对价格调整做出反应。需求的价格弹性系数可以分为三种类型：弹性、缺乏弹性和单位弹性。弹性需求（系数大于1）表明消费者对价格变化高度敏感。例如，奢侈品通常属于这一类别，价格稍微上涨就可能导致销售量显著下降。相反，缺乏弹性的需求（系数小于1）表明消费者对价格变化不太敏感。必需品，如药物或基本食品，通常表现出缺乏弹性的需求，因为无论价格波动如何，消费者都需要这些商品。单位弹性需求发生在需求的价格弹性系数等于1时，这意味着需求量的百分比变化恰好等于价格的百分比变化。这种情况相对少见，但可以发生在消费者有平衡替代品可用的市场中。了解需求的价格弹性系数在政府政策制定中也起着重要作用。例如，如果政府考虑对含糖饮料征税，了解需求的弹性可以帮助预测对消费的潜在影响。如果这些饮料的需求是弹性的，那么税收可能会导致销售量大幅下降，这可能与公共健康目标相一致。然而，如果需求是缺乏弹性的，税收可能不会显著影响消费，可能导致在实现预期健康结果的同时增加收入。总之，需求的价格弹性系数是一个关键的衡量指标，能够为各种经济决策提供信息。无论是企业设定价格，还是政府制定政策，了解需求如何对价格变化作出反应对于驾驭市场的复杂性至关重要。通过分析这个系数，利益相关者可以更好地预测消费者行为，优化定价策略，并实施有效的法规，以符合他们的目标。需求的价格弹性系数的影响远不止于数字；它们塑造了经济格局并影响我们每天的选择。