price elasticity of supply

简明释义

供给的价格弹性

英英释义

Price elasticity of supply refers to the responsiveness of the quantity supplied of a good or service to a change in its price. It measures how much the supply of a product will increase or decrease when its price rises or falls.

供给的价格弹性是指商品或服务的供给量对其价格变化的反应程度。它衡量当商品价格上涨或下跌时,供给量将增加或减少多少。

例句

1.In the tech industry, the price elasticity of supply 供给的价格弹性 is generally high, as companies can quickly scale up production when demand rises.

在科技行业,供给的价格弹性通常较高,因为公司可以在需求上升时迅速扩大生产。

2.Understanding the price elasticity of supply 供给的价格弹性 helps businesses make informed decisions about pricing strategies.

理解供给的价格弹性有助于企业做出有关定价策略的明智决策。

3.The price elasticity of supply 供给的价格弹性 in the housing market can vary significantly depending on local regulations.

住房市场的供给的价格弹性可能因地方法规而有显著差异。

4.The price elasticity of supply 供给的价格弹性 for agricultural products is often low because farmers cannot quickly increase production in response to price changes.

农业产品的供给的价格弹性通常较低,因为农民无法快速增加生产以应对价格变化。

5.During a natural disaster, the price elasticity of supply 供给的价格弹性 for essential goods tends to be very low.

在自然灾害期间,基本商品的供给的价格弹性往往非常低。

作文

Understanding the concept of price elasticity of supply is crucial for both producers and consumers in the market. Price elasticity of supply refers to the responsiveness of the quantity supplied of a good to a change in its price. In simpler terms, it measures how much more or less of a product producers are willing to sell when the price changes. This concept is vital in economics as it helps in predicting how changes in market conditions can affect the availability of goods and services.For instance, if the price of a particular product rises significantly, producers may be encouraged to increase their output to capitalize on the higher prices. Conversely, if prices fall, they might reduce their production. The degree to which the quantity supplied responds to price changes varies among different products and industries. For example, agricultural products often have a low price elasticity of supply because they require time to grow and cannot be quickly increased in response to price changes. On the other hand, manufactured goods might have a higher elasticity since factories can ramp up production more swiftly.Several factors influence the price elasticity of supply. One significant factor is the time period considered. In the short term, producers may find it difficult to adjust their supply due to fixed costs and resource limitations. However, in the long term, they can make necessary adjustments, such as investing in new technologies or expanding their production facilities, leading to a higher elasticity.Another important factor is the nature of the product itself. Goods that can be easily stored or produced, like electronics, usually have a higher price elasticity of supply. Producers can respond quickly to price changes by adjusting their inventory levels. In contrast, perishable goods, like fruits and vegetables, tend to have a lower elasticity since they cannot be stored for long periods.Understanding price elasticity of supply also helps in making informed business decisions. For example, if a company knows that its product has a high elasticity, it can strategize its pricing accordingly. During periods of high demand, raising prices may lead to a significant increase in revenue as suppliers can meet the demand. However, if the product has low elasticity, the company might be cautious about raising prices, knowing that it could lead to a significant drop in sales.In conclusion, the concept of price elasticity of supply is fundamental in economics, impacting how businesses operate and respond to market changes. By understanding this concept, producers can make better decisions regarding production levels, pricing strategies, and resource allocation. Consumers, on the other hand, can benefit from this knowledge by understanding how supply dynamics may affect prices and availability of goods in the marketplace. Ultimately, a strong grasp of price elasticity of supply contributes to a more efficient and responsive economic environment.

理解供给价格弹性的概念对于市场中的生产者和消费者来说至关重要。供给价格弹性是指商品供应量对其价格变化的响应程度。简单来说,它衡量的是当价格变化时,生产者愿意出售多少更多或更少的产品。这个概念在经济学中非常重要,因为它有助于预测市场条件的变化如何影响商品和服务的可用性。例如,如果某种产品的价格显著上涨,生产者可能会受到鼓励,增加产量以利用更高的价格。相反,如果价格下降,他们可能会减少生产。供应量对价格变化的响应程度在不同产品和行业之间有所不同。例如,农产品通常具有较低的供给价格弹性,因为它们需要时间生长,无法迅速响应价格变化。另一方面,制造商品可能具有更高的弹性,因为工厂可以更快地提高生产。影响供给价格弹性的几个因素。其中一个重要因素是考虑的时间段。在短期内,生产者可能会由于固定成本和资源限制而难以调整供应。然而,在长期内,他们可以进行必要的调整,例如投资新技术或扩建生产设施,从而导致更高的弹性。另一个重要因素是产品本身的性质。易于储存或生产的商品,如电子产品,通常具有较高的供给价格弹性。生产者可以通过调整库存水平快速响应价格变化。相比之下,易腐烂的商品,如水果和蔬菜,往往具有较低的弹性,因为它们不能储存很长时间。理解供给价格弹性也有助于做出明智的商业决策。例如,如果一家公司知道其产品具有高弹性,它可以相应地制定定价策略。在需求高涨的时期,提高价格可能会导致收入显著增加,因为供应商可以满足需求。然而,如果产品的弹性较低,公司可能会对提高价格持谨慎态度,因为这可能导致销量显著下降。总之,供给价格弹性的概念在经济学中是基本的,影响着企业的运作和对市场变化的响应。通过理解这一概念,生产者可以在生产水平、定价策略和资源配置方面做出更好的决策。另一方面,消费者可以通过了解供应动态如何影响市场上商品的价格和可用性来受益。最终,对供给价格弹性的深刻理解有助于形成一个更高效和响应迅速的经济环境。