long run average cost

简明释义

长期平均成本

英英释义

例句

1.The firm's decision to expand production was based on the analysis of its long run average cost 长期平均成本 to ensure profitability.

该公司决定扩大生产是基于对其长期平均成本的分析，以确保盈利能力。

2.In the long run average cost 长期平均成本 curve, economies of scale are evident as production increases.

在长期平均成本曲线上，随着生产的增加，规模经济变得显而易见。

3.Understanding the long run average cost 长期平均成本 helps businesses make informed pricing decisions.

理解长期平均成本有助于企业做出明智的定价决策。

4.To minimize the long run average cost 长期平均成本, the company invested in new technology.

为了最小化长期平均成本，公司投资了新技术。

5.The long run average cost 长期平均成本 is crucial for determining the optimal size of a firm.

确定公司的最佳规模时，长期平均成本至关重要。

作文

In the world of economics, the concept of long run average cost is crucial for understanding how businesses operate and make decisions regarding production. The long run average cost (LRAC) refers to the average cost of production when all inputs can be varied, allowing firms to adjust their production levels to achieve the most efficient outcome over a longer period. This differs from the short run average cost, where at least one input is fixed. Understanding the long run average cost is essential for firms as it helps them determine the optimal level of production that minimizes costs and maximizes profits.To illustrate this concept, let’s consider a manufacturing company that produces widgets. In the short run, the company may have limited capacity due to fixed resources such as machinery and factory space. As demand for widgets increases, the company may need to hire more workers and use existing machines more intensively, which can lead to higher average costs per unit produced. However, in the long run, the company can invest in new machinery, expand its factory, and optimize its production processes. This flexibility allows the company to lower its long run average cost by spreading out fixed costs over a larger number of units produced.The shape of the long run average cost curve is typically U-shaped. Initially, as production increases, average costs decline due to economies of scale. This occurs because fixed costs are spread over a larger output, and operational efficiencies are realized. However, after reaching a certain point, average costs may begin to rise due to diseconomies of scale, where the organization becomes too large and unwieldy, leading to inefficiencies and increased costs.For businesses, understanding the long run average cost is vital for strategic planning. It informs decisions on whether to expand production capacity, enter new markets, or introduce new products. By analyzing their long run average cost structure, firms can identify the most cost-effective production levels and avoid potential pitfalls that arise from overproduction or underutilization of resources.Moreover, the long run average cost also plays a significant role in pricing strategies. Firms must consider their average costs when setting prices to ensure they remain competitive while covering their expenses. A thorough understanding of the long run average cost allows businesses to price their products strategically, ensuring profitability without alienating customers.In conclusion, the concept of long run average cost is fundamental for businesses aiming to optimize production and maintain profitability. It provides insights into how firms can manage their resources efficiently over time, adapt to market changes, and make informed decisions about growth and expansion. By closely monitoring their long run average cost, companies can position themselves for success in a competitive marketplace, ensuring they remain viable in the long term.

在经济学的世界中，长期平均成本的概念对于理解企业如何运作和做出生产决策至关重要。长期平均成本（LRAC）是指在所有投入都可以变化的情况下，生产的平均成本，这使得企业能够调整其生产水平，以实现更高效的长期结果。这与短期平均成本不同，在短期内至少有一个投入是固定的。理解长期平均成本对企业至关重要，因为它帮助他们确定最小化成本和最大化利润的最佳生产水平。为了说明这一概念，让我们考虑一家生产小部件的制造公司。在短期内，由于机械和工厂空间等固定资源的限制，该公司可能会有有限的产能。随着对小部件需求的增加，公司可能需要雇用更多工人并更频繁地使用现有机器，这可能导致每单位生产的平均成本上升。然而，从长期来看，公司可以投资新机械、扩建工厂并优化生产流程。这种灵活性使得公司能够通过将固定成本分摊到更多生产单位上来降低其长期平均成本。长期平均成本曲线的形状通常是U形的。最初，随着生产的增加，平均成本下降，这是由于规模经济的作用。这是因为固定成本被分摊到更大的产出上，并且实现了操作效率。然而，在达到某个点之后，平均成本可能开始上升，这是由于规模不经济的影响，组织变得过于庞大和笨重，导致效率低下和成本增加。对于企业来说，理解长期平均成本对于战略规划至关重要。它为决定是否扩大生产能力、进入新市场或推出新产品提供了信息。通过分析其长期平均成本结构，企业可以识别出最具成本效益的生产水平，避免因过度生产或资源未充分利用而带来的潜在陷阱。此外，长期平均成本在定价策略中也发挥着重要作用。企业在设定价格时必须考虑其平均成本，以确保在覆盖费用的同时保持竞争力。对长期平均成本的深入理解使企业能够战略性地定价其产品，确保盈利而不疏远客户。总之，长期平均成本的概念对于希望优化生产和维持盈利能力的企业至关重要。它提供了关于企业如何有效管理资源、适应市场变化以及就增长和扩张做出明智决策的见解。通过密切监控其长期平均成本，公司可以在竞争激烈的市场中为成功定位自己，确保其长期生存能力。