completely elastic

简明释义

离想弹性的

英英释义

Completely elastic refers to a situation in economics where the quantity demanded or supplied of a good or service changes infinitely in response to any change in price.

完全弹性是指在经济学中,当商品或服务的价格发生变化时,需求或供应的数量会无限制地变化。

例句

1.A perfectly competitive market often features products that are completely elastic due to the availability of substitutes.

一个完全竞争的市场通常具有完全弹性的产品,因为有替代品可用。

2.The demand for luxury cars can be completely elastic during economic downturns as people prioritize essential spending.

在经济衰退期间,奢侈车的需求可能是完全弹性的,因为人们优先考虑必要开支。

3.In economics, a product is considered to be completely elastic when its demand changes significantly with a small change in price.

在经济学中,当产品的需求因价格小幅变化而显著变化时,该产品被认为是完全弹性的

4.If a good is completely elastic, consumers will stop buying it if the price increases even slightly.

如果一种商品是完全弹性的,消费者即使在价格稍微上涨时也会停止购买。

5.When the price of a specific brand of soda rises, the demand for that brand can become completely elastic as consumers switch to cheaper alternatives.

当某个品牌的汽水价格上涨时,该品牌的需求可能变得完全弹性的,因为消费者转向更便宜的替代品。

作文

In economics, the concept of elasticity plays a crucial role in understanding how consumers and producers respond to changes in price. One particularly important type of elasticity is known as completely elastic. This term refers to a situation where the quantity demanded or supplied of a good or service changes infinitely with any change in price. In simpler terms, if a product is completely elastic, even the smallest increase in price will lead to a total drop in demand, while any decrease in price will cause demand to surge dramatically. To illustrate this concept, let’s consider a hypothetical scenario involving a specific type of product, such as bottled water. Imagine that there are numerous brands of bottled water available in the market, all priced similarly. If one brand decides to raise its price by just a few cents, consumers may quickly switch to a competitor's brand, leading to a complete loss of sales for the higher-priced brand. This is a classic example of a completely elastic demand curve, where consumers are highly sensitive to price changes. The implications of completely elastic demand extend beyond individual products. In competitive markets, businesses must be acutely aware of their pricing strategies. If they fail to keep prices in line with competitors, they risk losing their customer base entirely. This phenomenon often leads to price wars, where companies continuously undercut each other’s prices to maintain market share. Such dynamics can create a volatile market environment, emphasizing the importance of understanding elasticity. Moreover, the concept of completely elastic supply also exists. In this case, suppliers are willing to provide any quantity of a good at a specific price but will not supply anything if the price drops below that level. For instance, if a farmer grows a unique crop that is in high demand, they may set a price point that, if not met, would result in no sales at all. Again, this illustrates how crucial it is for suppliers to gauge market conditions accurately. Understanding the nuances of completely elastic demand and supply is essential for students of economics and business. It highlights the delicate balance that exists in market dynamics and the constant interplay between price and consumer behavior. In real-world applications, businesses often conduct market research to determine the elasticity of their products. This information helps them establish optimal pricing strategies that maximize revenue while remaining competitive. In conclusion, the term completely elastic serves as a fundamental concept in economics that describes extreme sensitivity to price changes. Whether we are discussing consumer goods or agricultural products, recognizing the implications of elasticity can help businesses make informed decisions. This understanding not only aids in effective pricing strategies but also fosters a deeper comprehension of market behavior as a whole. As markets continue to evolve, the relevance of completely elastic demand and supply will remain a key focus for economists and business leaders alike.

在经济学中,弹性概念在理解消费者和生产者如何对价格变化作出反应方面起着至关重要的作用。其中一个特别重要的弹性类型被称为完全弹性。这个术语指的是一种情况,即商品或服务的需求量或供应量随着价格的任何变化而无限变化。简单来说,如果一种产品是完全弹性的,即使价格稍微上涨,需求也会完全消失,而任何价格下降都会导致需求急剧上升。为了说明这一概念,让我们考虑一个涉及特定产品的假设场景,比如瓶装水。假设市场上有许多品牌的瓶装水,价格相似。如果一个品牌决定将价格提高几分,消费者可能会迅速转向竞争对手的品牌,导致该高价品牌的销售完全丧失。这是一个经典的完全弹性需求曲线的例子,在这种情况下,消费者对价格变化极为敏感。完全弹性需求的影响超越了个别产品。在竞争激烈的市场中,企业必须非常关注其定价策略。如果它们未能保持与竞争对手一致的价格,就面临完全失去客户群的风险。这种现象往往会导致价格战,各公司不断削减彼此的价格以维持市场份额。这种动态可能会创造出一个动荡的市场环境,强调了理解弹性的重要性。此外,完全弹性供应的概念也存在。在这种情况下,供应商愿意以特定价格提供任何数量的商品,但如果价格低于该水平,他们将不会供应任何商品。例如,如果一位农民种植了一种独特的作物,需求很高,他们可能会设定一个价格点,如果没有达到,就不会进行销售。同样,这说明了供应商准确评估市场条件的重要性。理解完全弹性需求和供应的细微差别对于经济学和商业的学生至关重要。它突显了市场动态中存在的微妙平衡以及价格与消费者行为之间的持续互动。在实际应用中,企业通常会进行市场调查,以确定其产品的弹性。这些信息帮助他们建立最佳定价策略,以最大化收入,同时保持竞争力。总之,术语完全弹性作为经济学中的基本概念,描述了对价格变化的极端敏感性。无论我们讨论的是消费品还是农业产品,认识到弹性的影响可以帮助企业做出明智的决策。这种理解不仅有助于有效的定价策略,还促进了对整体市场行为的更深入理解。随着市场的不断发展,完全弹性需求和供应的相关性将始终是经济学家和商业领袖关注的重点。

相关单词

completely

completely详解:怎么读、什么意思、用法

elastic

elastic详解:怎么读、什么意思、用法