high elasticity

简明释义

高弹性

英英释义

High elasticity refers to a situation where a small change in price leads to a significant change in the quantity demanded or supplied of a good or service.

高弹性指的是在价格发生小幅变动时,商品或服务的需求量或供应量会发生显著变化的情况。

例句

1.The demand for luxury cars often shows high elasticity, meaning that a small change in price can lead to a significant change in the quantity demanded.

奢侈车的需求通常表现出高弹性,这意味着价格的小幅变动可以导致需求量的显著变化。

2.During economic downturns, non-essential goods often exhibit high elasticity as consumers cut back on spending.

在经济衰退期间,非必需品通常表现出高弹性,因为消费者减少支出。

3.In the fashion industry, products tend to have high elasticity as consumer preferences can shift rapidly.

在时尚行业,产品往往具有高弹性,因为消费者偏好可能迅速变化。

4.The price of organic food has high elasticity, as many consumers will switch to cheaper alternatives if prices rise.

有机食品的价格具有高弹性,因为如果价格上涨,许多消费者会转向更便宜的替代品。

5.When it comes to electronics, products like smartphones often have high elasticity due to rapid technological advancements.

在电子产品方面,智能手机等产品通常具有高弹性,这是由于技术进步迅速。

作文

In the realm of economics, the concept of high elasticity plays a pivotal role in understanding consumer behavior and market dynamics. Elasticity measures how responsive the quantity demanded or supplied of a good is to changes in price or other factors. When we talk about high elasticity, we refer to situations where a small change in price leads to a significant change in the quantity demanded or supplied. This phenomenon can be observed in various markets, particularly those dealing with non-essential goods or services.For instance, consider the market for luxury items such as designer handbags or high-end electronics. These products typically exhibit high elasticity because consumers can easily forgo their purchase if prices rise. If a designer brand increases the price of its handbag by 10%, many consumers may decide to delay their purchase or opt for a less expensive alternative. Consequently, the demand for that particular handbag will drop sharply, illustrating the principle of high elasticity.On the other hand, essential goods like bread or medicine often demonstrate low elasticity. A rise in the price of bread may not significantly affect the quantity demanded because consumers need these items regardless of price fluctuations. This contrast between essential and non-essential goods highlights the importance of high elasticity in determining pricing strategies and understanding market behavior.Moreover, the implications of high elasticity extend beyond simple supply and demand mechanics. Businesses must carefully consider their pricing strategies in relation to the elasticity of their products. For example, companies selling products with high elasticity might adopt competitive pricing strategies to attract more customers, knowing that even a slight price reduction could lead to a substantial increase in sales volume.In addition to pricing strategies, high elasticity also has significant implications for government policy. For instance, when governments impose taxes on goods with high elasticity, they must be cautious. A significant tax increase could lead to a sharp decline in sales, ultimately harming businesses and the economy. Conversely, taxing goods with low elasticity may generate stable revenue without drastically affecting demand.Furthermore, understanding high elasticity is crucial for predicting consumer responses to market changes. During economic downturns, consumers tend to prioritize essential goods while cutting back on luxury items. This shift in behavior is a direct result of the high elasticity characteristic of non-essential goods. Businesses that recognize this trend can adjust their inventory and marketing strategies accordingly, ensuring they remain competitive even in challenging economic times.In conclusion, high elasticity is a fundamental concept in economics that helps explain how consumers react to price changes. It is particularly relevant in markets for non-essential goods, where small price fluctuations can lead to significant changes in demand. Understanding high elasticity not only aids businesses in formulating effective pricing strategies but also assists policymakers in making informed decisions that consider the potential impact on the economy. As markets continue to evolve, the significance of high elasticity will undoubtedly remain a critical component of economic analysis and strategy.

在经济学领域,高弹性的概念在理解消费者行为和市场动态方面发挥着关键作用。弹性衡量的是商品的需求量或供给量对价格或其他因素变化的响应程度。当我们谈论高弹性时,我们指的是价格的小幅变化会导致需求量或供给量的显著变化。这种现象可以在各种市场中观察到,特别是在处理非必需品或服务的市场中。例如,考虑奢侈品市场,如设计师手袋或高端电子产品。这些产品通常表现出高弹性,因为消费者如果价格上涨,可以轻易放弃购买。如果一个设计师品牌将手袋的价格提高10%,许多消费者可能会决定推迟购买或选择价格较低的替代品。因此,该特定手袋的需求将急剧下降,说明了高弹性的原理。另一方面,像面包或药品这样的必需品通常表现出低弹性。面包价格的上涨可能不会显著影响需求量,因为消费者无论价格波动如何都需要这些商品。这种必需品与非必需品之间的对比突显了高弹性在确定定价策略和理解市场行为方面的重要性。此外,高弹性的影响超出了简单的供需机制。企业必须仔细考虑其定价策略与产品的弹性之间的关系。例如,销售具有高弹性产品的公司可能会采取竞争性定价策略来吸引更多客户,因为即使是轻微的降价也可能导致销售量的大幅增加。除了定价策略,高弹性对于政府政策也有重要影响。例如,当政府对具有高弹性的商品征税时,他们必须谨慎。显著的税收增加可能导致销售急剧下降,最终对企业和经济造成伤害。相反,对低弹性商品征税可能会产生稳定的收入,而不会严重影响需求。此外,理解高弹性对于预测消费者对市场变化的反应至关重要。在经济低迷时期,消费者往往优先考虑必需品,同时削减奢侈品的消费。这种行为的转变直接源于非必需品的高弹性特征。认识到这一趋势的企业可以相应调整库存和营销策略,确保即使在经济困难时期仍然具有竞争力。总之,高弹性是经济学中的一个基本概念,有助于解释消费者如何对价格变化做出反应。它在非必需品市场中特别相关,因为小幅价格波动可能导致需求量的显著变化。理解高弹性不仅有助于企业制定有效的定价策略,还有助于决策者做出考虑经济潜在影响的明智决策。随着市场的不断发展,高弹性的重要性无疑将继续成为经济分析和策略的关键组成部分。