terminal utility; final utility

简明释义

最后效用

英英释义

Terminal utility refers to the ultimate satisfaction or usefulness derived from a good or service at the end of a consumption process.

终极效用指的是在消费过程结束时,从某种商品或服务中获得的最终满足感或有用性。

Final utility is the last unit of satisfaction obtained from consuming an additional unit of a good or service, reflecting the diminishing marginal utility principle.

最终效用是指从消费额外一单位商品或服务中获得的最后一个满意度,反映了边际效用递减原则。

例句

1.The concept of terminal utility is crucial in economics, as it represents the satisfaction a consumer derives from the last unit of a good consumed.

在经济学中,终极效用的概念至关重要,因为它代表消费者从消费的最后一单位商品中获得的满足感。

2.In decision-making, individuals often weigh the terminal utility of different options before making a choice.

在决策过程中,个人通常会在做出选择之前权衡不同选项的终极效用

3.The law of diminishing returns is related to final utility, indicating that each additional unit consumed provides less satisfaction.

收益递减法则与最终效用相关,表明每增加一单位的消费所带来的满足感会减少。

4.When analyzing consumer behavior, understanding final utility helps predict how much of a product will be purchased.

在分析消费者行为时,理解最终效用有助于预测将购买多少产品。

5.Marketing strategies often aim to enhance the terminal utility of products to increase sales.

营销策略通常旨在提高产品的终极效用以增加销售。

作文

The concepts of terminal utility; final utility play a crucial role in the field of economics, particularly in understanding consumer behavior and decision-making processes. To grasp these ideas, we must first delineate what utility means in economic terms. Utility refers to the satisfaction or pleasure that a consumer derives from consuming goods and services. It is a subjective measure, as different individuals derive different levels of satisfaction from the same product. When we talk about terminal utility; final utility, we are referring to the ultimate satisfaction that a consumer expects to gain from the last unit of a good or service consumed. This concept is pivotal because it influences how consumers allocate their resources and make purchasing decisions. For instance, consider a scenario where a person is at an all-you-can-eat buffet. The first plate of food brings immense satisfaction, as the individual is hungry and eager to enjoy a variety of dishes. As they continue to eat, however, the satisfaction derived from each additional plate diminishes. Eventually, there comes a point where the terminal utility; final utility of consuming more food becomes negligible or even negative, leading the individual to stop eating. This phenomenon is closely related to the law of diminishing marginal utility, which states that as a person consumes more units of a good, the added satisfaction obtained from each additional unit decreases. Understanding this principle helps explain why consumers do not continue to buy products indefinitely, even if they have the financial means to do so. They evaluate the terminal utility; final utility of each additional purchase against its cost, making decisions that maximize their overall satisfaction. Moreover, businesses can leverage the concept of terminal utility; final utility to better understand their customers' needs and preferences. By analyzing how consumers respond to various pricing strategies and product offerings, companies can tailor their marketing efforts to enhance perceived value. For example, a smartphone manufacturer might introduce limited-time offers or bundle products to increase the perceived terminal utility; final utility of their items, enticing consumers to make a purchase. In addition, the idea of terminal utility; final utility can also be applied beyond individual consumer choices. Policymakers often consider the aggregate utility of a population when designing economic policies. By understanding how different segments of society derive satisfaction from various goods and services, they can implement measures that promote overall welfare. For instance, investing in public goods such as parks or healthcare can enhance the terminal utility; final utility for a community, improving quality of life and fostering social cohesion. In conclusion, the concepts of terminal utility; final utility are essential for understanding consumer behavior and economic decision-making. They highlight the importance of individual satisfaction in shaping market dynamics and provide valuable insights for businesses and policymakers alike. By recognizing the diminishing returns associated with consumption and the subjective nature of utility, we can better navigate the complexities of economic interactions and strive for outcomes that benefit both individuals and society as a whole.

在经济学领域,终极效用;最终效用的概念在理解消费者行为和决策过程中发挥着至关重要的作用。要掌握这些概念,我们首先需要界定效用在经济学中的含义。效用是指消费者从消费商品和服务中获得的满足感或愉悦感。这是一种主观衡量标准,因为不同个体从同一产品中获得的满足程度不同。当我们谈论终极效用;最终效用时,我们指的是消费者期望从最后一单位商品或服务中获得的最终满意度。这个概念至关重要,因为它影响消费者如何分配资源和做出购买决策。例如,考虑一个人在自助餐厅的场景。第一盘食物带来了巨大的满足感,因为这个人饥饿并渴望享受各种菜肴。然而,随着他们继续进食,从每额外一盘食物中获得的满足感逐渐减少。最终,消费更多食物的终极效用;最终效用变得微不足道甚至是负面的,导致这个人停止进食。这种现象与边际效用递减法则密切相关,该法则指出,随着一个人消费更多单位的商品,获得的附加满足感会减少。理解这一原则有助于解释为什么消费者即使有经济能力,也不会无限制地购买产品。他们评估每一次额外购买的终极效用;最终效用与其成本之间的关系,从而做出最大化整体满意度的决策。此外,企业可以利用终极效用;最终效用的概念来更好地理解客户的需求和偏好。通过分析消费者对各种定价策略和产品供应的反应,公司可以调整营销工作以增强感知价值。例如,智能手机制造商可能会推出限时优惠或捆绑产品,以增加其产品的感知终极效用;最终效用,吸引消费者进行购买。此外,终极效用;最终效用的概念也可以应用于个人消费者选择之外。政策制定者在设计经济政策时,通常会考虑人口的整体效用。通过理解社会不同群体从各种商品和服务中获得的满意度,他们可以实施促进整体福利的措施。例如,投资公共产品如公园或医疗保健可以提升社区的终极效用;最终效用,改善生活质量并促进社会凝聚力。总之,终极效用;最终效用的概念对于理解消费者行为和经济决策至关重要。它们强调了个体满意度在塑造市场动态中的重要性,并为企业和政策制定者提供了宝贵的见解。通过认识到消费相关的递减回报和效用的主观性质,我们可以更好地应对经济互动的复杂性,并努力实现既有利于个人又有利于整个社会的结果。

相关单词

terminal

terminal详解:怎么读、什么意思、用法