marginal product

简明释义

边际产量

英英释义

The marginal product is the additional output that is produced by adding one more unit of a specific input, while keeping other inputs constant.

边际产出是指在保持其他投入不变的情况下,增加一个特定投入单位所产生的额外产出。

例句

1.The increase in output from hiring one more worker can be calculated by examining the marginal product 边际产量 of labor.

通过检查劳动的边际产量 marginal product,可以计算出雇佣一个额外工人所带来的产出增加。

2.Understanding the marginal product 边际产量 helps businesses make informed decisions about resource allocation.

理解边际产量 marginal product有助于企业做出明智的资源分配决策。

3.When analyzing production levels, it’s crucial to consider the marginal product 边际产量 of each input.

在分析生产水平时,考虑每个投入的边际产量 marginal product是至关重要的。

4.If the marginal product 边际产量 of an additional machine is higher than its cost, it makes sense to invest in new equipment.

如果一台额外机器的边际产量 marginal product高于其成本,那么投资新设备是合理的。

5.As more units of labor are added, the marginal product 边际产量 may eventually decrease due to diminishing returns.

随着更多劳动单位的增加,边际产量 marginal product可能会因收益递减而最终下降。

作文

The concept of marginal product refers to the additional output generated by adding one more unit of a specific input while keeping other inputs constant. This economic principle is fundamental in understanding how production processes work and how businesses can optimize their resources. In simpler terms, it helps us measure the efficiency of an input in contributing to the overall production of goods or services.To illustrate this, consider a farmer who grows crops on a fixed piece of land. If the farmer decides to add one more worker to the existing team, the marginal product of that worker would be the extra amount of crop produced as a direct result of their labor. If the addition of this worker results in a harvest increase of 10 bushels, then the marginal product of the new worker is 10 bushels.Understanding marginal product is crucial for businesses because it enables them to make informed decisions about resource allocation. For instance, if the marginal product of labor is high, it may be beneficial for a company to hire more workers. Conversely, if the marginal product diminishes with each additional worker, it might indicate that the company is reaching its optimal level of employment and should reconsider its hiring strategy.Moreover, the law of diminishing returns plays a significant role in the analysis of marginal product. This law states that as more units of a variable input (like labor) are added to a fixed input (like land), the marginal product of each additional unit will eventually decline. In our earlier example, after a certain number of workers are hired, the benefit of adding another worker might decrease, as they may have less space to work or become less efficient due to overcrowding.In practical applications, businesses can use the concept of marginal product to determine the optimal level of input usage. For example, a manufacturing company might analyze the marginal product of machines versus labor to find the most cost-effective way to increase production. If the marginal product of investing in new machinery yields a higher return than hiring additional employees, the company may choose to invest in equipment instead.Furthermore, the marginal product can also influence pricing strategies. If a firm knows that the addition of a certain amount of input leads to a significant increase in output, it can adjust its pricing to reflect the higher supply. This dynamic interplay between marginal product, supply, and demand is vital for maintaining a competitive edge in the market.In conclusion, the concept of marginal product is an essential tool in the field of economics and business management. It not only helps in assessing the efficiency of various inputs but also guides decision-making processes regarding hiring, investment, and pricing strategies. By understanding and applying the principles of marginal product, businesses can enhance their productivity and profitability, ultimately leading to growth and success in a competitive environment.

“边际产量”这一概念指的是在保持其他投入不变的情况下,增加一个特定投入单位所产生的额外产出。这一经济原则对于理解生产过程及企业如何优化资源至关重要。简单来说,它帮助我们衡量某一投入对整体商品或服务生产的贡献效率。举个例子,假设一位农民在一块固定的土地上种植作物。如果这位农民决定增加一名工人到现有团队中,那么该工人的“边际产量”就是由于他们的劳动直接导致的额外作物产出。如果这名工人的加入使得收成增加了10蒲式耳,那么这名新工人的“边际产量”就是10蒲式耳。理解“边际产量”对企业至关重要,因为它使企业能够做出明智的资源分配决策。例如,如果劳动的“边际产量”很高,公司可能会受益于雇佣更多的工人。相反,如果“边际产量”随着每增加一名工人的雇佣而减少,这可能表明公司正在达到其最佳雇佣水平,应重新考虑其招聘策略。此外,收益递减法则在“边际产量”的分析中也起着重要作用。该法则指出,当更多的可变投入(如劳动)被添加到固定投入(如土地)时,每个额外单位的“边际产量”最终会下降。在我们之前的例子中,在雇佣到一定数量的工人后,再雇佣一名工人的收益可能会减少,因为他们可能没有足够的空间工作,或者由于人满为患而效率降低。在实际应用中,企业可以利用“边际产量”这一概念来确定最优的投入使用水平。例如,一家制造公司可能会分析机器与劳动的“边际产量”,以找到提高生产的最具成本效益的方法。如果投资新机器的“边际产量”带来的回报高于雇佣额外员工的回报,公司可能会选择投资设备而不是雇佣人员。此外,“边际产量”还可以影响定价策略。如果公司知道某一特定投入的增加会显著提高产出,它可以调整价格以反映更高的供应。这种“边际产量”与供需之间的动态相互作用对于在市场中保持竞争优势至关重要。总之,“边际产量”这一概念是经济学和商业管理领域的重要工具。它不仅有助于评估各种投入的效率,还指导关于招聘、投资和定价策略的决策过程。通过理解和应用“边际产量”的原则,企业可以提高生产力和盈利能力,最终在竞争环境中实现增长和成功。

相关单词

marginal

marginal详解:怎么读、什么意思、用法

product

product详解:怎么读、什么意思、用法