marginal revenue product

简明释义

边际收益产品

英英释义

例句

1.Economists often use the concept of marginal revenue product 边际收入产品 to analyze labor markets and wage determination.

经济学家经常使用边际收入产品 marginal revenue product的概念来分析劳动市场和工资决定。

2.If the marginal revenue product 边际收入产品 of hiring a new employee is less than their salary, the company may reconsider the hire.

如果雇佣新员工的边际收入产品 marginal revenue product低于他们的薪水，公司可能会重新考虑雇佣。

3.The marginal revenue product 边际收入产品 of a new machine can be calculated by assessing the additional output it generates.

通过评估新机器产生的额外产出，可以计算出其边际收入产品 marginal revenue product。

4.When a company hires additional workers, it calculates the marginal revenue product 边际收入产品 to determine if the added labor will increase profits.

当一家公司雇佣额外的工人时，它计算边际收入产品 marginal revenue product以确定增加的劳动是否会提高利润。

5.Understanding the marginal revenue product 边际收入产品 helps businesses make informed decisions about resource allocation.

理解边际收入产品 marginal revenue product有助于企业做出有关资源分配的明智决策。

作文

In the world of economics, understanding the concept of marginal revenue product is essential for both businesses and policymakers. The term refers to the additional revenue generated from employing one more unit of a factor of production, such as labor or capital. This concept is crucial in determining how much a company should invest in resources to maximize its profits. When a business hires an additional worker, for instance, the marginal revenue product of that worker can help the company decide whether the cost of hiring is justified by the revenue they are expected to generate.The marginal revenue product is calculated by taking the change in total revenue that results from the employment of one more unit of input and dividing it by the change in the quantity of that input. For example, if a factory produces 100 units of a product with 5 workers and then increases production to 110 units by hiring a sixth worker, the additional revenue generated from selling those 10 extra units can be attributed to the marginal revenue product of that sixth worker. If the factory sells each unit for $10, the additional revenue would be $100. Therefore, the marginal revenue product of the sixth worker would be $100.Understanding the marginal revenue product also helps businesses make decisions about scaling their operations. If the marginal revenue product of adding another worker is greater than the cost of hiring that worker, it makes sense for the business to proceed with the hire. Conversely, if the cost outweighs the benefits, the company may choose to hold off on hiring until conditions change. This principle can also apply to investments in machinery or technology; companies must assess whether the increase in productivity will justify the initial expense.Moreover, the marginal revenue product is not static. It can change based on various factors, including market demand, technological advancements, and changes in the workforce. For instance, during a period of economic growth, the demand for products may rise, leading to a higher marginal revenue product for labor as companies need to produce more to meet consumer needs. On the other hand, during a recession, the marginal revenue product may decrease as demand falls, causing businesses to reconsider their workforce size.In conclusion, the concept of marginal revenue product plays a pivotal role in the decision-making processes of businesses. By understanding how much additional revenue can be generated from hiring more workers or investing in new technology, companies can make informed choices that enhance their profitability. Additionally, policymakers can use this information to understand labor market dynamics and create strategies that support economic growth. Ultimately, the marginal revenue product serves as a vital tool in the economic toolkit, guiding both business and government decisions in a complex marketplace.

在经济学的世界中，理解“边际收入产品”的概念对企业和政策制定者至关重要。这个术语指的是通过雇佣一个额外的生产要素（如劳动力或资本）所产生的额外收入。这个概念对于确定公司应该如何投资资源以最大化其利润至关重要。例如，当一家公司雇用一个额外的工人时，该工人的“边际收入产品”可以帮助公司决定雇佣的成本是否被预期产生的收入所证明。“边际收入产品”是通过计算由于雇佣一个额外的投入单位而导致的总收入变化，并将其除以该投入数量的变化来得出的。例如，如果一家工厂用5名工人生产100个产品，然后通过雇佣第六名工人将产量增加到110个，那么销售这10个额外单位所产生的额外收入可以归因于第六名工人的“边际收入产品”。如果工厂以每单位10美元的价格出售，每单位的额外收入将为100美元。因此，第六名工人的“边际收入产品”将为100美元。理解“边际收入产品”还可以帮助企业做出扩展运营的决策。如果增加一个工人的“边际收入产品”大于雇佣该工人的成本，那么企业就有理由继续雇佣。相反，如果成本超过了收益，公司可能会选择推迟招聘，直到条件发生变化。这个原则同样适用于对机械或技术的投资；公司必须评估生产力的提高是否能证明初始开支的合理性。此外，“边际收入产品”并不是静态的。它可能会根据市场需求、技术进步和劳动力变化等各种因素而变化。例如，在经济增长期间，产品的需求可能会上升，从而导致劳动力的“边际收入产品”提高，因为公司需要生产更多以满足消费者需求。另一方面，在经济衰退期间，“边际收入产品”可能会下降，因为需求下降，导致企业重新考虑其员工规模。总之，“边际收入产品”的概念在企业的决策过程中发挥着关键作用。通过理解雇佣更多工人或投资新技术可以产生多少额外收入，公司可以做出明智的选择，从而提高盈利能力。此外，政策制定者可以利用这些信息来理解劳动市场动态，并制定支持经济增长的战略。最终，“边际收入产品”作为经济工具箱中的一个重要工具，引导着企业和政府在复杂市场中的决策。