short run marginal cost
简明释义
短程限界价格
英英释义
例句
1.The manager analyzed the short run marginal cost 短期边际成本 to find the optimal output level.
经理分析了短期边际成本 short run marginal cost 以寻找最佳产出水平。
2.If the short run marginal cost 短期边际成本 is higher than the market price, the company should consider reducing production.
如果短期边际成本 short run marginal cost 高于市场价格,公司应考虑减少生产。
3.When production increases, the short run marginal cost 短期边际成本 may decrease due to economies of scale.
当生产增加时,短期边际成本 short run marginal cost 可能会因规模经济而下降。
4.A firm needs to determine its short run marginal cost 短期边际成本 in order to price its products competitively.
一家企业需要确定其短期边际成本 short run marginal cost,以便在市场上有竞争力地定价。
5.Understanding the short run marginal cost 短期边际成本 helps businesses make informed decisions about production levels.
理解短期边际成本 short run marginal cost 有助于企业做出关于生产水平的明智决策。
作文
In the field of economics, understanding costs is crucial for making informed business decisions. One important concept that businesses need to grasp is the short run marginal cost, which refers to the additional cost incurred when producing one more unit of a good or service in the short run. The short run is defined as a period during which at least one factor of production is fixed, meaning that not all inputs can be adjusted. This leads to interesting implications for production and pricing strategies.To elaborate, the short run marginal cost is derived from the total cost function. It is calculated by taking the change in total cost that results from producing an additional unit of output. For instance, if a factory incurs $1,000 in total costs to produce 100 units and $1,020 to produce 101 units, the short run marginal cost of the 101st unit would be $20. This incremental cost is vital for businesses as it helps them determine the optimal level of production.Understanding the short run marginal cost is essential for several reasons. First, it plays a key role in pricing strategies. Businesses often set their prices based on the marginal cost of production. If the price of a product exceeds the short run marginal cost, a company can increase its profits by producing more. Conversely, if the price is lower than the marginal cost, it may indicate that the firm should reduce production to avoid losses.Moreover, the short run marginal cost affects a firm's supply decisions. In a competitive market, firms will continue to produce as long as the price is greater than or equal to the short run marginal cost. This is because producing additional units beyond this point would lead to losses. Therefore, understanding this concept allows firms to make better decisions regarding how much to produce.Additionally, the short run marginal cost is influenced by the law of diminishing returns. As production increases, adding more of a variable input (like labor) to a fixed input (like machinery) will eventually yield lower per-unit returns. This means that the short run marginal cost will rise as production expands, making it crucial for businesses to monitor their production levels closely.In conclusion, the short run marginal cost is a fundamental concept in economics that provides insight into production costs and pricing strategies. It represents the cost of producing one additional unit in the short run, helping businesses make informed decisions about their operations. By understanding how the short run marginal cost interacts with pricing and production levels, firms can optimize their output and enhance profitability. Therefore, mastering this concept is essential for anyone involved in business management or economic analysis.
在经济学领域,理解成本对做出明智的商业决策至关重要。企业需要掌握的一个重要概念是短期边际成本,它指的是在短期内生产一单位商品或服务所产生的额外成本。短期被定义为一个时期,在这个时期内至少有一个生产要素是固定的,这意味着并非所有投入都可以调整。这对生产和定价策略产生了有趣的影响。详细来说,短期边际成本源自总成本函数。它是通过计算生产额外单位产出所导致的总成本变化来得出的。例如,如果一家工厂生产100单位的总成本为1000美元,而生产101单位的总成本为1020美元,那么第101单位的短期边际成本将为20美元。这个增量成本对于企业至关重要,因为它帮助他们确定最佳生产水平。理解短期边际成本至关重要,原因有几个。首先,它在定价策略中发挥着关键作用。企业通常根据生产的边际成本来设定价格。如果产品的价格超过短期边际成本,公司可以通过增加生产来提高利润。相反,如果价格低于边际成本,则可能表明公司应减少生产以避免亏损。此外,短期边际成本影响公司的供应决策。在竞争市场中,企业只要价格大于或等于短期边际成本就会继续生产。这是因为在这一点之后生产额外单位将导致亏损。因此,理解这一概念使企业能够更好地决定生产多少。此外,短期边际成本受到收益递减法则的影响。随着生产的增加,向固定投入(如机械)添加更多的可变投入(如劳动力)最终会导致每单位回报降低。这意味着短期边际成本在生产扩大时会上升,因此企业必须密切监控其生产水平。总之,短期边际成本是经济学中的一个基本概念,为生产成本和定价策略提供了洞察。它代表了在短期内生产一个额外单位的成本,帮助企业做出明智的运营决策。通过理解短期边际成本如何与定价和生产水平相互作用,企业可以优化产出并提高盈利能力。因此,掌握这一概念对于任何参与商业管理或经济分析的人来说都是至关重要的。
相关单词