long run industry supply curve

简明释义

长期产业供给曲线

英英释义

例句

1.In perfect competition, the long run industry supply curve (长期行业供给曲线) is horizontal at the market price.

在完全竞争中，长期行业供给曲线在市场价格处是水平的。

2.When new firms enter the market, the long run industry supply curve (长期行业供给曲线) will shift to the right.

当新公司进入市场时，长期行业供给曲线将向右移动。

3.Understanding the long run industry supply curve (长期行业供给曲线) helps businesses plan for future production levels.

理解长期行业供给曲线有助于企业规划未来的生产水平。

4.The shift in demand will affect the long run industry supply curve (长期行业供给曲线) significantly, leading to adjustments in prices.

需求的变化将显著影响长期行业供给曲线，导致价格的调整。

5.A decrease in production costs can lead to a rightward shift in the long run industry supply curve (长期行业供给曲线).

生产成本的降低可能会导致长期行业供给曲线向右移动。

作文

In the field of economics, understanding the concept of the long run industry supply curve is crucial for analyzing how industries respond to changes in market conditions over time. Unlike the short-run supply curve, which reflects immediate responses to price changes, the long run industry supply curve illustrates the adjustments that occur when firms have enough time to enter or exit the market. This long-term perspective allows economists to predict how supply will react to sustained changes in demand or production costs.The long run industry supply curve is derived from the behavior of individual firms within an industry. In the long run, firms can alter their production capacity, invest in new technologies, and optimize their operations to achieve economies of scale. As a result, the industry supply curve becomes more elastic, reflecting the ability of firms to adjust their output levels in response to price changes. For instance, if there is an increase in demand for a certain product, existing firms may ramp up production, while new firms may enter the market, contributing to an overall increase in supply.One key characteristic of the long run industry supply curve is that it typically slopes upward. This indicates that as the industry expands to meet higher demand, the cost of production may increase due to factors such as rising input prices or the need for more expensive resources. However, in perfectly competitive markets, the long-run supply curve can be perfectly elastic at the level of minimum average cost, leading to a horizontal line. This scenario occurs when firms can freely enter and exit the market without facing significant barriers.Moreover, the long run industry supply curve is influenced by external factors such as technological advancements, changes in consumer preferences, and shifts in government policies. For example, if a new technology reduces production costs, the supply curve may shift to the right, indicating an increase in supply at every price level. Conversely, if regulations impose higher costs on firms, the supply curve may shift to the left, signaling a decrease in supply.Understanding the long run industry supply curve is essential for policymakers and business leaders alike. By analyzing this curve, they can make informed decisions about pricing strategies, production levels, and investment opportunities. For instance, if a government is considering implementing subsidies for a particular industry, understanding how this would affect the long run industry supply curve can help predict the overall impact on market prices and supply levels.In conclusion, the long run industry supply curve serves as a vital tool for economists to analyze the dynamics of supply in response to long-term market changes. By recognizing the factors that influence this curve, stakeholders can better navigate the complexities of the market and make strategic decisions that promote growth and stability. Whether one is an economist, a business owner, or a policymaker, grasping the implications of the long run industry supply curve is essential for success in today’s ever-evolving economic landscape.

在经济学领域，理解长期行业供给曲线的概念对于分析行业如何在时间上应对市场条件变化至关重要。与反映对价格变化的即时反应的短期供给曲线不同，长期行业供给曲线展示了当企业有足够时间进入或退出市场时所发生的调整。这种长期视角使经济学家能够预测供给如何对需求或生产成本的持续变化作出反应。长期行业供给曲线源于行业内个别企业的行为。在长期内，企业可以调整其生产能力，投资新技术，并优化其操作以实现规模经济。因此，行业供给曲线变得更加弹性，反映出企业在价格变化时调整其产量的能力。例如，如果某种产品的需求增加，现有企业可能会提高生产，而新企业可能会进入市场，从而整体上增加供给。长期行业供给曲线的一个关键特征是它通常向上倾斜。这表示，随着行业扩张以满足更高的需求，生产成本可能会因输入价格上涨或需要更昂贵的资源而增加。然而，在完全竞争市场中，长期供给曲线可能在最低平均成本水平上是完全弹性的，形成一条水平线。这种情况发生在企业可以自由进入和退出市场而不面临重大障碍时。此外，长期行业供给曲线还受到外部因素的影响，如技术进步、消费者偏好的变化以及政府政策的转变。例如，如果一种新技术降低了生产成本，供给曲线可能向右移动，表明在每个价格水平上供给增加。相反，如果监管对企业施加更高的成本，供给曲线可能向左移动，表明供给减少。理解长期行业供给曲线对政策制定者和商业领袖同样至关重要。通过分析这条曲线，他们可以就定价策略、生产水平和投资机会做出明智的决策。例如，如果政府考虑为某个行业实施补贴，了解这将如何影响长期行业供给曲线可以帮助预测对市场价格和供给水平的整体影响。总之，长期行业供给曲线作为经济学家分析供给动态的重要工具，有助于应对长期市场变化。通过认识影响这条曲线的因素，利益相关者可以更好地应对市场的复杂性，并做出促进增长和稳定的战略决策。无论是经济学家、企业主还是政策制定者，掌握长期行业供给曲线的含义对于在当今不断发展的经济环境中取得成功至关重要。