excess supply

简明释义

超额供给

英英释义

Excess supply refers to a situation in which the quantity of a good or service available in the market exceeds the quantity demanded by consumers at a given price.

过剩供应是指在某一特定价格下,市场上某种商品或服务的供应量超过了消费者的需求量。

例句

1.The company had to cut back on production due to excess supply in the market.

由于市场上的过剩供应,公司不得不减少生产。

2.An excess supply of oil has led to a significant drop in fuel prices globally.

石油的过剩供应导致全球燃料价格大幅下跌。

3.The market is experiencing an excess supply of housing, leading to lower prices.

市场上出现了过剩供应的住房,导致价格下降。

4.Farmers are struggling with excess supply of crops after a particularly good harvest.

在一次特别丰收之后,农民们正在与过剩供应的农作物作斗争。

5.Due to the pandemic, there is an excess supply of face masks, causing many manufacturers to lower their prices.

由于疫情,面罩出现了过剩供应,导致许多制造商降低价格。

作文

In the world of economics, understanding market dynamics is crucial for both businesses and consumers. One key concept that often comes into play is excess supply, which refers to a situation where the quantity of a good or service available in the market exceeds the demand for it. This phenomenon can lead to various consequences, affecting prices, production levels, and overall economic health. To grasp the implications of excess supply, it is essential to explore its causes, effects, and potential solutions.The primary cause of excess supply is a mismatch between supply and demand. This mismatch can occur due to several factors, including overproduction, changes in consumer preferences, or economic downturns. For instance, during a recession, consumers may cut back on spending, leading to a decrease in demand for certain products. If producers do not adjust their output accordingly, they may find themselves with an oversupply of goods, resulting in excess supply.When excess supply occurs, one of the most immediate effects is a decline in prices. With more goods available than consumers are willing to buy, sellers may be forced to lower their prices to attract buyers. This price drop can create a vicious cycle: as prices fall, producers earn less revenue, which may lead them to reduce production further. Consequently, this reduction can exacerbate the problem of excess supply, as fewer goods are produced to meet the already low demand.Another significant effect of excess supply is its impact on unemployment. When businesses face excess supply, they may respond by cutting back on their workforce to reduce costs. This can lead to layoffs and increased unemployment rates, further dampening consumer spending and creating a challenging economic environment. The ripple effect of excess supply can be felt across various sectors, ultimately slowing down economic growth.To address the challenges posed by excess supply, businesses and policymakers must implement strategies to restore balance in the market. One approach is to encourage innovation and diversification in product offerings. By adapting to changing consumer preferences, companies can better align their supply with demand, reducing the likelihood of excess supply. Additionally, government intervention, such as subsidies or tax incentives, can help stimulate demand during periods of economic downturn, mitigating the effects of excess supply.In conclusion, excess supply is a critical concept in economics that highlights the importance of balancing supply and demand in the market. Understanding its causes and effects can help businesses and policymakers make informed decisions to navigate economic challenges. By recognizing the signs of excess supply and taking proactive measures, we can work towards a more stable and prosperous economy.

在经济学的世界中,理解市场动态对企业和消费者来说至关重要。一个常常出现的关键概念是过剩供给,它指的是市场上可用商品或服务的数量超过其需求的情况。这种现象可能导致各种后果,影响价格、生产水平和整体经济健康。为了掌握过剩供给的影响,探索其原因、效果和潜在解决方案是至关重要的。过剩供给的主要原因是供需之间的不匹配。这种不匹配可能由于多个因素引起,包括生产过剩、消费者偏好的变化或经济衰退。例如,在经济衰退期间,消费者可能会减少开支,从而导致某些产品的需求下降。如果生产者没有相应地调整产量,他们可能会发现自己面临商品的过剩,从而导致过剩供给。当发生过剩供给时,最直接的影响之一是价格下降。由于市场上可用商品超过消费者愿意购买的数量,卖方可能被迫降低价格以吸引买家。这一下降可能会造成恶性循环:随着价格下跌,生产者的收入减少,这可能导致他们进一步减少生产。因此,这种减少可能加剧过剩供给的问题,因为生产的商品更少以满足已经低迷的需求。过剩供给的另一个重大影响是对失业的影响。当企业面临过剩供给时,它们可能会通过裁减员工来减少成本。这可能导致裁员和失业率上升,进一步抑制消费者支出,造成艰难的经济环境。过剩供给的涟漪效应可能在各个行业中显现,最终减缓经济增长。为了解决过剩供给带来的挑战,企业和政策制定者必须实施策略,以恢复市场的平衡。一种方法是鼓励创新和产品多样化。通过适应不断变化的消费者偏好,公司可以更好地将其供应与需求对接,从而减少发生过剩供给的可能性。此外,政府干预,例如补贴或税收激励,可以帮助在经济衰退期间刺激需求,减轻过剩供给的影响。总之,过剩供给是经济学中的一个关键概念,突出了在市场中平衡供需的重要性。理解其原因和影响可以帮助企业和政策制定者做出明智的决策,以应对经济挑战。通过识别过剩供给的迹象并采取积极措施,我们可以朝着更稳定和繁荣的经济努力。