long run average cost

简明释义

远航程平均价格

英英释义

例句

1.The firm's decision to expand production was based on the analysis of its long run average cost 长期平均成本, which showed decreasing costs with increased output.

该公司决定扩大生产是基于对其长期平均成本 长期平均成本的分析，该分析显示随着产量的增加，成本在下降。

2.The long run average cost 长期平均成本 curve typically slopes downward as production increases.

随着生产的增加，长期平均成本 长期平均成本曲线通常向下倾斜。

3.When evaluating new projects, managers often consider the long run average cost 长期平均成本 to ensure sustainability.

在评估新项目时，管理者通常会考虑长期平均成本 长期平均成本以确保可持续性。

4.A firm can achieve economies of scale by reducing its long run average cost 长期平均成本 through increased production.

通过增加生产，企业可以通过降低其长期平均成本 长期平均成本来实现规模经济。

5.Understanding the long run average cost 长期平均成本 helps businesses set competitive pricing strategies.

理解长期平均成本 长期平均成本有助于企业制定具有竞争力的定价策略。

作文

In the field of economics, understanding cost structures is crucial for both businesses and policymakers. One important concept that frequently arises in discussions about production and efficiency is the long run average cost (LRAC). The long run average cost refers to the per-unit cost of production when all inputs can be varied, allowing firms to optimize their production processes over time. This contrasts with the short-run average cost, where some factors of production are fixed and cannot be adjusted immediately. To grasp the significance of the long run average cost, it is essential to first recognize the different periods in production. In the short run, a firm may face limitations due to fixed resources such as machinery, factory space, and technology. As a result, the short-run average cost may fluctuate significantly depending on the level of output. However, in the long run, firms have the flexibility to adjust all inputs, leading to a more stable and potentially lower long run average cost. The shape of the LRAC curve is typically U-shaped, indicating that there are economies of scale at lower levels of production. As a firm increases its output, it can spread its fixed costs over a larger number of units, thus reducing the average cost per unit. This phenomenon is known as economies of scale. However, after reaching a certain point, the firm may experience diseconomies of scale, where the long run average cost begins to rise due to factors such as management inefficiencies or logistical challenges associated with larger operations.Understanding the long run average cost is vital for businesses when making decisions about expansion, investment, and pricing strategies. For instance, if a company anticipates a rise in demand for its product, it must consider how to adjust its production capacity in the long run. By analyzing the LRAC, the firm can determine the most cost-effective level of production that maximizes profits while maintaining quality. Moreover, policymakers also benefit from understanding the implications of the long run average cost. When designing regulations or incentives for industries, it is important to consider how these measures might impact the cost structures of firms. If regulations increase the long run average cost, businesses may be less likely to invest or expand, which could have broader economic implications such as reduced employment opportunities or slower economic growth. In conclusion, the concept of long run average cost plays a pivotal role in the analysis of production and efficiency in economics. It helps firms and policymakers make informed decisions regarding production levels, investment strategies, and regulatory measures. By understanding the dynamics of the LRAC, businesses can optimize their operations and contribute to a more efficient economy, ultimately benefiting society as a whole.

在经济学领域，理解成本结构对企业和政策制定者至关重要。一个在生产和效率讨论中经常出现的重要概念是长期平均成本（LRAC）。长期平均成本指的是在所有生产要素都可以变化的情况下，每单位生产的成本，这使得企业能够随着时间的推移优化其生产过程。这与短期平均成本形成对比，后者在某些生产要素是固定的，无法立即调整。为了理解长期平均成本的重要性，首先必须认识到生产中的不同时期。在短期内，企业可能会面临由于固定资源（如机械、工厂空间和技术）而导致的限制。因此，短期平均成本可能会根据产出水平显著波动。然而，在长期内，企业可以灵活调整所有投入，从而导致更稳定且可能更低的长期平均成本。LRAC曲线的形状通常是U型的，表明在较低的生产水平上存在规模经济。随着企业产出的增加，它可以将固定成本分摊到更多的单位上，从而降低每单位的平均成本。这种现象被称为规模经济。然而，在达到某个点后，企业可能会经历规模不经济，即长期平均成本开始上升，这通常是由于管理效率低下或与更大规模操作相关的后勤挑战。理解长期平均成本对企业在扩张、投资和定价策略方面做出决策至关重要。例如，如果一家公司预见到其产品需求的上升，它必须考虑如何在长期内调整其生产能力。通过分析LRAC，企业可以确定最具成本效益的生产水平，以最大化利润，同时保持质量。此外，政策制定者也能从理解长期平均成本中受益。在为行业设计法规或激励措施时，重要的是考虑这些措施可能如何影响企业的成本结构。如果法规增加了长期平均成本，企业可能不太可能进行投资或扩张，这可能会产生更广泛的经济影响，例如减少就业机会或经济增长放缓。总之，长期平均成本的概念在经济学中对于生产和效率的分析起着关键作用。它帮助企业和政策制定者就生产水平、投资策略和监管措施做出明智的决策。通过理解LRAC的动态，企业可以优化其运营并促进更高效的经济，最终使整个社会受益。