price elasticity of demand

简明释义

需求价格弹性

英英释义

例句

1.Understanding the price elasticity of demand for luxury goods can help marketers set appropriate pricing strategies.

理解奢侈品的价格需求弹性可以帮助市场营销人员制定适当的定价策略。

2.The concept of price elasticity of demand helps businesses determine how a change in price might affect their sales.

价格需求弹性的概念帮助企业确定价格变化如何影响他们的销售。

3.If a company knows the price elasticity of demand for its products, it can better forecast revenue changes.

如果公司知道其产品的价格需求弹性，就能更好地预测收入变化。

4.A product with high price elasticity of demand will see a significant drop in sales if the price increases.

价格需求弹性较高的产品如果价格上涨，销售量将会显著下降。

5.The price elasticity of demand for essential goods is usually lower than that for non-essential items.

必需品的价格需求弹性通常低于非必需品。

作文

The concept of price elasticity of demand is fundamental in economics, as it measures how the quantity demanded of a good or service changes in response to a change in its price. Understanding this concept can help businesses and policymakers make informed decisions. When we talk about price elasticity of demand (需求的价格弹性), we refer to the responsiveness of consumers to price changes. For instance, if the price of a product increases, consumers may buy less of it if the product has high price elasticity. On the other hand, if the product is a necessity, such as medicine, the quantity demanded may not decrease significantly even if the price rises, indicating low price elasticity.There are different types of price elasticity of demand. Elastic demand occurs when a small change in price leads to a large change in the quantity demanded. This is typical for luxury items, where consumers can easily forego the purchase if prices rise. Inelastic demand is when a change in price has little effect on the quantity demanded. This is common with essential goods, where consumers need to purchase them regardless of price changes.Another important aspect of price elasticity of demand is unitary elasticity, where the percentage change in quantity demanded is exactly equal to the percentage change in price. This balance means that total revenue remains constant when prices change. Understanding these distinctions helps businesses set optimal pricing strategies. For example, knowing that a product has elastic demand might encourage a company to lower prices to increase sales volume, while recognizing inelastic demand could lead to higher prices without significantly affecting sales.The price elasticity of demand can also be influenced by several factors. One of these is the availability of substitutes. If many alternatives are available, consumers can easily switch to another product if the price of one rises, resulting in more elastic demand. Conversely, if there are few substitutes, demand tends to be more inelastic. Additionally, the proportion of income spent on a good affects its elasticity; goods that take up a larger share of a consumer's income tend to have more elastic demand.Seasonality and consumer preferences also play crucial roles in determining price elasticity of demand. For instance, during holiday seasons, demand for certain products may become more elastic as consumers are more price-sensitive. Similarly, trends and fads can make demand fluctuate based on current consumer interests.In conclusion, the price elasticity of demand is a vital concept that helps explain consumer behavior regarding price changes. By understanding whether demand for a product is elastic, inelastic, or unitary, businesses can make strategic pricing decisions that maximize their revenue. Policymakers can also use this information to predict how tax changes or subsidies will affect overall consumption. Overall, mastering the concept of price elasticity of demand is essential for anyone looking to navigate the complexities of market dynamics effectively.

“价格弹性”是经济学中的一个基本概念，它衡量的是商品或服务的需求量如何随着价格的变化而变化。理解这个概念可以帮助企业和政策制定者做出明智的决策。当我们谈论“价格弹性”时，指的是消费者对价格变化的反应。例如，如果某种产品的价格上涨，消费者可能会减少购买，如果该产品具有高价格弹性。另一方面，如果产品是必需品，比如药品，即使价格上涨，需求量也可能不会显著减少，这表明价格弹性较低。“价格弹性”有不同类型。弹性需求是指价格的小幅变动会导致需求量的大幅变化。这通常适用于奢侈品，消费者如果价格上涨，可以很容易放弃购买。非弹性需求则是指价格变化对需求量几乎没有影响。这在必需品中很常见，消费者无论价格变化都需要购买它们。另一个重要的方面是单位弹性，即需求量的百分比变化恰好等于价格的百分比变化。这种平衡意味着当价格变化时，总收入保持不变。理解这些区别有助于企业制定最佳定价策略。例如，了解某产品具有弹性需求可能会促使公司降低价格以增加销售量，而认识到非弹性需求则可能导致在不显著影响销售的情况下提高价格。“价格弹性”还受到多个因素的影响。其中之一是替代品的可用性。如果有许多替代品，消费者可以轻松转向其他产品，如果其中一种产品的价格上涨，那么需求就会更具弹性。相反，如果替代品少，需求往往更为非弹性。此外，消费在某种商品上花费的收入比例也会影响其弹性；占消费者收入较大份额的商品往往具有更大的弹性。季节性和消费者偏好也在决定“价格弹性”中发挥着至关重要的作用。例如，在假期季节，某些产品的需求可能变得更加弹性，因为消费者对价格更敏感。同样，趋势和时尚也会根据当前消费者兴趣使需求波动。总之，“价格弹性”是一个至关重要的概念，有助于解释消费者在价格变化时的行为。通过了解某个产品的需求是弹性、非弹性还是单位弹性，企业可以做出最大化收入的战略定价决策。政策制定者也可以利用这些信息预测税收变化或补贴将如何影响整体消费。总体而言，掌握“价格弹性”的概念对于任何希望有效应对市场动态复杂性的人来说都是至关重要的。