point elasticity

简明释义

点弹性

英英释义

Point elasticity refers to the measure of how the quantity demanded or supplied of a good responds to a change in price at a specific point on the demand or supply curve.

点弹性是指在需求或供给曲线的特定点上,商品的需求量或供给量对价格变化的响应程度。

例句

1.Economists often use point elasticity to analyze the effectiveness of tax policies on consumer behavior.

经济学家常常使用点弹性来分析税收政策对消费者行为的影响。

2.When calculating point elasticity, a small change in price can lead to a significant change in quantity demanded.

在计算点弹性时,价格的小幅变动可能会导致需求量的显著变化。

3.A high point elasticity indicates that consumers are very responsive to price changes.

点弹性表明消费者对价格变化非常敏感。

4.Retailers can adjust their pricing strategies based on the point elasticity of their products.

零售商可以根据其产品的点弹性调整定价策略。

5.The concept of point elasticity is crucial for businesses to understand how sensitive their customers are to price changes.

理解点弹性的概念对企业至关重要,因为它能帮助了解客户对价格变化的敏感度。

作文

Understanding the concept of point elasticity is essential for anyone studying economics, particularly in the fields of microeconomics and demand analysis. Point elasticity refers to the measure of how the quantity demanded of a good responds to a change in its price at a specific point on the demand curve. It is calculated by taking the derivative of the demand function with respect to price and then multiplying it by the ratio of price to quantity. This allows economists to understand consumer behavior in a more precise manner.One of the key aspects of point elasticity is that it provides insights into the responsiveness of consumers to price changes. For instance, if the point elasticity of demand for a particular product is greater than one, it indicates that the demand is elastic. This means that a small change in price will lead to a proportionally larger change in the quantity demanded. Conversely, if the point elasticity is less than one, the demand is inelastic, meaning consumers are less sensitive to price changes.To illustrate, consider a luxury item such as designer handbags. If the price of these handbags increases by 10%, and as a result, the quantity demanded decreases by 20%, the point elasticity can be calculated as follows: Point Elasticity = (Percentage Change in Quantity Demanded) / (Percentage Change in Price) = (-20%) / (10%) = -2. This negative value indicates that the demand is elastic, and consumers are highly responsive to price changes. On the other hand, necessities like bread or milk typically have a point elasticity of less than one, indicating that even if prices rise, consumers will still buy relatively similar quantities.In practical applications, businesses utilize point elasticity to set pricing strategies. Understanding whether their product has elastic or inelastic demand helps them determine how much they can increase prices without losing significant sales. For example, if a company knows that its product has an elastic demand, it might avoid raising prices too much to prevent a drop in sales volume.Moreover, point elasticity also plays a crucial role in taxation policies. Governments often analyze the point elasticity of various goods when deciding which products to tax. Goods with elastic demand may generate less tax revenue since consumers will reduce their purchases significantly if prices rise due to taxes. In contrast, taxing inelastic goods may be more effective in generating revenue without drastically affecting consumption levels.In conclusion, mastering the concept of point elasticity is vital for economists, businesses, and policymakers alike. It not only helps in understanding consumer behavior but also aids in making informed decisions regarding pricing, production, and taxation. By analyzing the point elasticity of demand, stakeholders can better navigate the complexities of market dynamics and consumer preferences, ultimately leading to more effective economic strategies.

理解点弹性的概念对于任何学习经济学的人来说都是至关重要的,尤其是在微观经济学和需求分析领域。点弹性是指在需求曲线的特定点上,需求量对价格变化的响应程度。它通过对需求函数关于价格的导数进行计算,然后乘以价格与数量的比率来得出。这使经济学家能够以更精确的方式理解消费者行为。点弹性的一个关键方面是它提供了对消费者对价格变化的敏感性的洞察。例如,如果某一产品的点弹性大于1,则表明该需求是富有弹性的。这意味着价格的小幅变化将导致需求量的成比例更大变化。相反,如果点弹性小于1,则需求是缺乏弹性的,这意味着消费者对价格变化的敏感性较低。为了说明这一点,考虑一个奢侈品,如设计师手袋。如果这些手袋的价格上涨10%,因此,需求量减少20%,则可以按如下方式计算点弹性:点弹性 = (需求量的百分比变化) / (价格的百分比变化) = (-20%) / (10%) = -2。这个负值表明需求是富有弹性的,消费者对价格变化高度敏感。另一方面,像面包或牛奶这样的必需品通常具有小于1的点弹性,这表明即使价格上涨,消费者仍会购买相对相似的数量。在实际应用中,企业利用点弹性来制定定价策略。了解他们的产品是具有弹性还是缺乏弹性,帮助他们确定可以在不失去大量销售的情况下提高价格的幅度。例如,如果一家公司知道其产品具有弹性需求,它可能会避免过多提高价格,以防止销量下降。此外,点弹性在税收政策中也起着至关重要的作用。政府在决定对哪些产品征税时,经常分析各种商品的点弹性。需求富有弹性的商品可能会产生较少的税收,因为如果由于税收导致价格上涨,消费者将显著减少购买量。相反,对缺乏弹性的商品征税可能更有效,因为这不会显著影响消费水平。总之,掌握点弹性的概念对于经济学家、企业和决策者来说都是至关重要的。它不仅有助于理解消费者行为,还能帮助制定有关定价、生产和税收的明智决策。通过分析需求的点弹性,利益相关者可以更好地应对市场动态和消费者偏好的复杂性,最终导致更有效的经济策略。