compensated budget line

简明释义

补偿预算线

英英释义

例句

1.By analyzing the compensated budget line, economists can predict how changes in income affect spending habits.

通过分析补偿预算线，经济学家可以预测收入变化如何影响消费习惯。

2.In graphical models, the compensated budget line helps illustrate the effect of price changes on consumption.

在图形模型中，补偿预算线有助于说明价格变化对消费的影响。

3.The concept of the compensated budget line is crucial for understanding consumer choice theory.

理解消费者选择理论时，补偿预算线的概念至关重要。

4.In economics, a shift in the compensated budget line can indicate a change in consumer preferences.

在经济学中，补偿预算线的变化可以表明消费者偏好的变化。

5.When the price of a good decreases, the compensated budget line shifts outward, allowing for greater utility.

当一种商品的价格下降时，补偿预算线向外移动，从而允许获得更大的效用。

作文

In the realm of economics, the concept of a compensated budget line plays a crucial role in understanding consumer behavior and preferences. A compensated budget line is essentially a graphical representation that illustrates the various combinations of goods that a consumer can purchase while maintaining the same level of utility when faced with changes in prices or income. This concept is particularly important when analyzing how consumers adjust their spending habits in response to price fluctuations or income alterations.To comprehend the significance of the compensated budget line, we must first understand the traditional budget line. The budget line represents the maximum combinations of two goods that a consumer can buy given their income and the prices of those goods. However, it does not account for changes in utility that occur due to price changes. In contrast, the compensated budget line takes into consideration the consumer's need to maintain the same level of satisfaction despite these changes.For instance, imagine a consumer who usually purchases coffee and tea. If the price of coffee rises significantly, the consumer might find themselves unable to afford the same quantity of both beverages while maintaining their usual level of satisfaction. The compensated budget line helps us visualize how the consumer would adjust their consumption of coffee and tea to reach a new equilibrium point where they can still achieve the same level of utility with their adjusted budget.The importance of the compensated budget line extends beyond mere theoretical applications. It has practical implications for policymakers and businesses alike. Understanding how consumers react to price changes allows businesses to set optimal pricing strategies and helps policymakers predict the effects of taxation or subsidies on consumption patterns. For example, if a government decides to impose a tax on sugary drinks, the compensated budget line can help illustrate how consumers might shift their purchasing behavior towards healthier alternatives while still trying to maximize their utility.Moreover, the compensated budget line also aids in the analysis of welfare economics. By examining shifts in the compensated budget line, economists can assess the impact of economic policies on consumer welfare. If a policy leads to a shift in the compensated budget line, it indicates a change in the consumer's ability to maintain their utility level, which can inform decisions about the effectiveness of certain economic measures.In conclusion, the compensated budget line is an essential tool in the field of economics that provides insight into consumer behavior, market dynamics, and the effects of policy changes. By allowing economists to visualize how consumers adjust their choices in response to changing prices and income, the compensated budget line enhances our understanding of economic theory and its real-world applications. As we continue to navigate the complexities of modern economies, the relevance of the compensated budget line remains significant, highlighting the intricate relationship between consumer preferences and market conditions.

在经济学领域，补偿预算线的概念在理解消费者行为和偏好方面起着至关重要的作用。补偿预算线本质上是一个图形表示，展示了在面临价格或收入变化时，消费者可以购买的各种商品组合，同时保持相同的效用水平。这个概念在分析消费者如何根据价格波动或收入变化调整消费习惯时尤为重要。要理解补偿预算线的重要性，我们必须首先了解传统的预算线。预算线代表了消费者在其收入和这些商品的价格下可以购买的两种商品的最大组合。然而，它并没有考虑由于价格变化而导致的效用变化。相比之下，补偿预算线考虑了消费者在面对这些变化时需要维持相同满意度的需求。例如，想象一个通常购买咖啡和茶的消费者。如果咖啡的价格大幅上涨，消费者可能会发现自己无法以往的数量购买这两种饮品，同时保持他们通常的满意度。补偿预算线帮助我们可视化消费者如何调整咖啡和茶的消费，以达到一个新的均衡点，在这个点上，他们仍然可以在调整后的预算下实现相同的效用水平。补偿预算线的重要性不仅限于理论应用。它对政策制定者和企业都有实际意义。了解消费者如何对价格变化做出反应使企业能够设定最佳定价策略，并帮助政策制定者预测税收或补贴对消费模式的影响。例如，如果政府决定对含糖饮料征税，补偿预算线可以帮助说明消费者如何在努力最大化效用的同时转向更健康的替代品。此外，补偿预算线还帮助分析福利经济学。通过检查补偿预算线的变化，经济学家可以评估经济政策对消费者福利的影响。如果某项政策导致补偿预算线的变化，这表明消费者维持效用水平的能力发生了变化，这可以为某些经济措施的有效性决策提供参考。总之，补偿预算线是经济学领域中一个重要的工具，为我们提供了关于消费者行为、市场动态和政策变化影响的洞察。通过允许经济学家可视化消费者如何根据价格和收入的变化调整选择，补偿预算线增强了我们对经济理论及其现实世界应用的理解。在我们继续应对现代经济的复杂性时，补偿预算线的相关性仍然显著，突显了消费者偏好与市场条件之间错综复杂的关系。