diminishing marginal substitution

简明释义

边际替代率递减

英英释义

例句

1.When analyzing consumer preferences, economists often refer to diminishing marginal substitution 边际替代递减 to understand how utility changes.

在分析消费者偏好时，经济学家常常提到边际替代递减以理解效用如何变化。

2.The diminishing marginal substitution 边际替代递减 effect can lead to more balanced consumption patterns over time.

随着时间的推移，边际替代递减效应可能导致更均衡的消费模式。

3.In the context of labor, the diminishing marginal substitution 边际替代递减 suggests that adding more workers will eventually yield lower additional output.

在劳动的背景下，边际替代递减表明增加更多工人最终会产生更少的额外产出。

4.As consumers buy more of a good, the diminishing marginal substitution 边际替代递减 effect means they will be willing to give up less of another good.

当消费者购买更多商品时，边际替代递减效应意味着他们愿意放弃的另一种商品会减少。

5.The principle of diminishing marginal substitution 边际替代递减 can explain why people diversify their consumption across different goods.

边际替代递减原理可以解释为什么人们在不同商品之间分散消费。

作文

In the realm of economics, understanding consumer behavior is pivotal for analyzing market trends and making informed business decisions. One key concept that sheds light on how consumers make choices is the idea of diminishing marginal substitution. This principle suggests that as a consumer substitutes one good for another, the additional satisfaction or utility gained from each successive unit of the good being substituted tends to decrease. In simpler terms, while consumers may initially find great value in replacing one product with another, their willingness to continue making that substitution diminishes over time. To illustrate this concept, consider a scenario where a person enjoys drinking coffee but decides to switch to tea for a healthier option. The first cup of tea might provide a significant level of satisfaction, especially if the person is accustomed to the rich flavor of coffee. However, as they continue to drink more cups of tea, the novelty and satisfaction derived from each subsequent cup may decline. This phenomenon exemplifies diminishing marginal substitution, as the consumer's preference shifts but the incremental pleasure decreases. This principle is not only applicable to beverages but can be observed across various goods and services. For instance, when someone chooses to replace their regular gym workouts with yoga sessions, the initial experience may be refreshing and fulfilling. Yet, as they continue to practice yoga, the excitement may wane, leading them to seek new forms of exercise or revert to their previous routine. Here, diminishing marginal substitution highlights the challenge of maintaining consumer interest and satisfaction over time. Understanding diminishing marginal substitution is crucial for businesses aiming to enhance customer retention and loyalty. By recognizing that consumers may tire of certain products or services, companies can innovate and diversify their offerings. For example, a coffee shop might introduce seasonal flavors or unique blends to keep customers engaged and excited about their choices. This strategy not only addresses the potential decline in satisfaction but also encourages consumers to explore new options, thereby increasing overall consumption. Moreover, marketing strategies can be tailored to account for diminishing marginal substitution. Advertisements that emphasize the unique benefits of a product or service can capture consumer attention and encourage initial trials. However, to sustain interest, businesses must continuously evolve their offerings and create new experiences. This could involve limited-time promotions, exclusive memberships, or loyalty programs that reward frequent customers. By doing so, they can mitigate the effects of diminishing returns associated with consumer substitution. In conclusion, the concept of diminishing marginal substitution serves as a vital framework for understanding consumer behavior and preferences. As individuals navigate their choices, the diminishing satisfaction derived from substituting one good for another underscores the importance of innovation and engagement in the marketplace. Businesses that recognize and adapt to this principle are better positioned to thrive in an ever-changing economic landscape, ensuring they meet the evolving needs of their customers while maximizing their own success. Ultimately, by embracing the insights provided by diminishing marginal substitution, both consumers and businesses can foster a more dynamic and fulfilling relationship with the products and services they choose to engage with.

在经济学领域，理解消费者行为对于分析市场趋势和做出明智的商业决策至关重要。一个揭示消费者如何做出选择的关键概念是边际替代递减的思想。这个原则表明，当消费者用一种商品替代另一种商品时，从每个后续单位中获得的额外满足感或效用往往会减少。简单来说，虽然消费者最初可能发现将一种产品替换为另一种产品具有很大的价值，但他们继续进行这种替代的意愿随着时间的推移而减少。为了说明这个概念，考虑一个场景，一个人喜欢喝咖啡，但决定为了更健康的选择而转向茶。第一杯茶可能提供显著的满足感，尤其是如果这个人习惯于咖啡的浓郁口味。然而，随着他们继续喝更多的茶，每一杯茶所带来的新奇感和满足感可能会下降。这种现象体现了边际替代递减，因为消费者的偏好发生了变化，但增量的快乐却减少了。这个原则不仅适用于饮料，还可以在各种商品和服务中观察到。例如，当某人选择用瑜伽课程替代常规的健身锻炼时，最初的体验可能是令人耳目一新和充实的。然而，随着他们继续练习瑜伽，兴奋感可能会减弱，导致他们寻求新的锻炼方式或恢复到以前的日常锻炼。在这里，边际替代递减突显了维持消费者兴趣和满意度的挑战。理解边际替代递减对希望提高客户保留率和忠诚度的企业至关重要。通过认识到消费者可能会对某些产品或服务感到厌倦，公司可以创新并多样化他们的产品。举例来说，一家咖啡店可能会推出季节性口味或独特混合，以保持顾客对选择的参与和兴奋。这一策略不仅解决了满意度可能下降的问题，还鼓励消费者探索新选项，从而增加整体消费。此外，营销策略可以根据边际替代递减进行调整。强调产品或服务独特好处的广告可以吸引消费者注意并鼓励初次尝试。然而，为了维持兴趣，企业必须不断发展其产品，创造新体验。这可能涉及限时促销、独家会员资格或奖励常客的忠诚计划。通过这样做，他们可以减轻与消费者替代相关的收益递减影响。总之，边际替代递减的概念作为理解消费者行为和偏好的重要框架。当个人在选择中导航时，从一种商品替代另一种商品所获得的满足感递减强调了市场上创新和参与的重要性。认识到并适应这一原则的企业在不断变化的经济环境中更有可能蓬勃发展，确保满足客户不断变化的需求，同时最大化自身的成功。最终，通过接受边际替代递减所提供的见解，消费者和企业都可以与他们选择互动的产品和服务之间建立更具活力和充实的关系。