income demand elasticity

简明释义

需求收入的弹性

英英释义

Income demand elasticity refers to the responsiveness of the quantity demanded of a good or service to changes in consumer income, measuring how much the demand for that good or service increases or decreases as income rises or falls.

收入需求弹性是指对商品或服务的需求量对消费者收入变化的敏感程度,衡量随着收入的增加或减少,该商品或服务的需求量增加或减少的程度。

例句

1.A luxury car brand typically has a high income demand elasticity 收入需求弹性, meaning that as income increases, the demand for their cars rises significantly.

奢侈汽车品牌通常具有高收入需求弹性,这意味着随着收入的增加,对其汽车的需求显著上升。

2.Understanding income demand elasticity 收入需求弹性 can help policymakers design better tax systems that consider how income changes affect consumption.

理解收入需求弹性可以帮助政策制定者设计更好的税制,考虑收入变化如何影响消费。

3.The concept of income demand elasticity 收入需求弹性 helps businesses understand how changes in consumer income affect their product sales.

收入需求弹性的概念帮助企业理解消费者收入变化如何影响产品销售。

4.For essential goods like bread, the income demand elasticity 收入需求弹性 is low, indicating that income changes have little effect on demand.

对于像面包这样的必需品,收入需求弹性较低,表明收入变化对需求影响不大。

5.The income demand elasticity 收入需求弹性 for vacation packages tends to be high, as people are more likely to spend on travel when they have more disposable income.

度假套餐的收入需求弹性往往较高,因为人们在拥有更多可支配收入时更可能花费在旅行上。

作文

Understanding the concept of income demand elasticity is crucial for both economists and consumers. This term refers to the responsiveness of the quantity demanded of a good or service to changes in consumer income. In simpler terms, it measures how much more or less of a product people will buy when their income increases or decreases. The income demand elasticity can be classified into three categories: elastic, inelastic, and unitary elastic. Each category provides insight into how sensitive consumers are to changes in their income.When a product has an elastic income demand elasticity, it means that a small change in income will result in a significant change in the quantity demanded. Luxury goods often fall into this category. For instance, if a person’s income rises, they may choose to purchase more expensive items such as designer clothing or high-end electronics. Conversely, if their income decreases, they might cut back on these purchases significantly. This behavior highlights the nature of luxury goods, where demand is highly sensitive to income changes.On the other hand, some products exhibit inelastic income demand elasticity. These are typically necessities, like basic food items, utilities, and essential healthcare products. Even if a consumer's income decreases, they will still need to purchase these items to maintain their standard of living. For example, if a person's income drops, they might not buy as many luxury foods but will continue to purchase staple items like bread and milk. This indicates that the demand for these necessities does not fluctuate much with changes in income.Unitary elastic income demand elasticity occurs when the percentage change in quantity demanded is equal to the percentage change in income. This situation is less common but can occur with certain goods that are neither luxuries nor necessities. For instance, if a consumer's income increases by 10%, and they increase their spending on a mid-range product by exactly 10%, that product demonstrates unitary elasticity. Understanding this concept helps businesses set pricing strategies and predict consumer behavior based on economic conditions.Furthermore, the income demand elasticity of a product can vary across different income levels. For example, lower-income consumers may have a higher elasticity for certain goods compared to higher-income consumers. This means that as their income changes, they may adjust their purchasing habits more dramatically than wealthier individuals. This variation underscores the importance of demographic factors in understanding consumer behavior.In conclusion, the concept of income demand elasticity is essential for analyzing how changes in income affect consumer purchasing decisions. By categorizing goods into elastic, inelastic, and unitary elastic segments, economists and businesses can better understand market dynamics and consumer preferences. This understanding aids in effective marketing strategies and helps predict how economic fluctuations might impact sales. Ultimately, grasping the nuances of income demand elasticity empowers both consumers and producers to make informed decisions in a constantly changing economic landscape.

理解收入需求弹性的概念对于经济学家和消费者来说至关重要。这个术语指的是商品或服务的需求量对消费者收入变化的响应程度。简单来说,它衡量的是当人们的收入增加或减少时,他们会购买多少更多或更少的产品。收入需求弹性可以分为三类:弹性、缺乏弹性和单位弹性。每一类都提供了关于消费者对收入变化敏感程度的见解。当一种产品具有弹性收入需求弹性时,这意味着收入的小幅变化将导致需求量的显著变化。奢侈品通常属于这一类别。例如,如果一个人的收入上升,他们可能会选择购买更昂贵的物品,如设计师服装或高端电子产品。相反,如果他们的收入下降,他们可能会大幅削减这些购买。这种行为突显了奢侈品的特性,即需求对收入变化高度敏感。另一方面,一些产品展示出缺乏弹性的收入需求弹性。这些通常是必需品,如基本食品、公共事业和基本医疗产品。即使消费者的收入下降,他们仍然需要购买这些项目以维持生活水平。例如,如果一个人的收入下降,他们可能不会购买那么多奢侈食品,但仍会继续购买面包和牛奶等主食。这表明这些必需品的需求在收入变化时不会大幅波动。单位弹性收入需求弹性发生在需求量的百分比变化等于收入的百分比变化时。这种情况较少见,但可能发生在某些既不是奢侈品也不是必需品的商品上。例如,如果消费者的收入增加10%,而他们在中档产品上的支出也正好增加10%,那么该产品就表现出单位弹性。理解这一概念有助于企业制定定价策略,并根据经济状况预测消费者行为。此外,产品的收入需求弹性可能会因不同的收入水平而有所不同。例如,低收入消费者对某些商品的弹性可能高于高收入消费者。这意味着随着他们收入的变化,他们可能会比富裕个体更剧烈地调整购买习惯。这种差异突显了在人们理解消费行为时,人口统计因素的重要性。总之,收入需求弹性的概念对于分析收入变化如何影响消费者购买决策至关重要。通过将商品分类为弹性、缺乏弹性和单位弹性,经济学家和企业能够更好地理解市场动态和消费者偏好。这种理解有助于有效的营销策略,并帮助预测经济波动可能对销售的影响。最终,掌握收入需求弹性的细微差别使消费者和生产者能够在不断变化的经济环境中做出明智的决策。