1. What is the definition of economies of scale? (什么是规模经济?)
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Economies of scale refer to the cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale as fixed costs are spread out over more units of output. 规模经济是指企业因经营规模的扩大而获得的成本优势,随着生产规模的增加,单位成本通常会下降,因为固定成本被分摊到更多的产出单位上。2. What is diseconomies of scale? (什么是规模不经济?)
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Diseconomies of scale occur when a firm grows too large, leading to rising per-unit costs due to inefficiencies such as poor management, communication issues, and lower worker motivation. 规模不经济指的是当企业规模过大时,因管理不善、沟通问题和员工积极性下降等低效率因素导致单位成本上升的现象。3. What is the minimum efficient scale? (什么是最低有效规模?)
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Minimum efficient scale is the smallest level of output at which a firm can minimize its long-run average cost. 最低有效规模是指企业能够实现最低长期平均成本的最小产出水平。4. How do increasing returns to scale differ from decreasing returns to scale? (规模报酬递增和规模报酬递减有什么不同?)
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Increasing returns to scale occur when output increases by a greater proportion than the increase in inputs, while decreasing returns to scale happen when output increases by a smaller proportion than the increase in inputs. 规模报酬递增指的是产出的增加比例大于投入的增加比例,而规模报酬递减则是产出的增加比例小于投入的增加比例。5. What is the marginal rate of technical substitution (MRTS)? (什么是技术替代率?)
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The marginal rate of technical substitution (MRTS) is the rate at which one input can be substituted for another while keeping the output level constant. 技术替代率(MRTS)是指在保持产量不变的情况下,某一投入可以替代另一投入的比例。6. What does an isoquant curve represent? (等产量线表示什么?)
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An isoquant curve shows all combinations of two inputs that will produce the same level of output. 等产量线显示了所有能生产相同产量的两种投入的组合。7. What is the definition of an isocost line? (什么是等成本线?)
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An isocost line shows all combinations of two inputs that will cost the same amount. 等成本线显示了所有花费相同金额的两种投入的组合。8. How does the slope of an isocost line reflect input prices? (等成本线的斜率如何反映投入价格?)
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The slope of an isocost line reflects the ratio of the price of one input to the price of the other input, showing the trade-off between the inputs at a constant cost. 等成本线的斜率反映了一个投入价格与另一个投入价格的比率,显示了在一定成本下投入之间的权衡。9. How does an increase in the price of labor affect the isocost line? (劳动价格的增加如何影响等成本线?)
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An increase in the price of labor will shift the isocost line inward, representing that the firm can afford less labor for a given cost. 劳动价格的增加会使等成本线向内移动,表示企业在给定成本下能雇佣的劳动数量减少。10. What is the role of technology in production and cost decisions? (技术在生产与成本决策中的作用是什么?)
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Technology determines how inputs are combined to produce output, affecting both the level of production and the cost structure. 技术决定了如何将投入组合以生产产出,从而影响生产水平和成本结构。11. How can a firm achieve cost minimization in production? (企业如何实现生产中的成本最小化?)
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A firm can achieve cost minimization by choosing the combination of inputs where the isoquant and isocost lines are tangent, indicating the most efficient allocation of resources. 企业可以通过选择等产量线和等成本线相切的投入组合来实现成本最小化,这表明资源的最有效分配。12. How does the concept of absolute advantage apply to production? (绝对优势概念如何应用于生产?)
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Absolute advantage refers to a firm's ability to produce more output than competitors with the same resources, leading to lower costs. 绝对优势是指一个企业能够以相同资源生产更多产出的能力,从而降低成本。13. What is the effect of diminishing returns on an isoquant? (递减收益对等产量线的影响是什么?)
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Diminishing returns lead to a less steep isoquant as more of one input is added, reflecting the decreasing additional output from each extra unit of that input. 递减收益会导致等产量线变得不那么陡峭,因为每增加一个单位的投入,所得到的额外产出会减少。14. What determines the shape of an isoquant curve? (等产量线的形状由什么决定?)
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The shape of an isoquant curve is typically convex to the origin, reflecting diminishing returns to scale as more of one input is used. 等产量线通常是向原点凸出的,反映了随着投入量增加,规模报酬递减的现象。15. What is the difference between an isocost line and an isoquant curve? (等成本线与等产量线的区别是什么?)
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An isocost line shows all combinations of inputs for a given cost, while an isoquant curve shows all combinations of inputs that produce the same output level. 等成本线显示了在给定成本下的所有投入组合,而等产量线显示了能够生产相同产量的所有投入组合。16. How does a firm determine the optimal combination of labor and capital? (企业如何确定最优的劳动和资本组合?)
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A firm determines the optimal combination by finding the point where the isoquant is tangent to the isocost line, minimizing costs while achieving the desired level of output. 企业通过找到等产量线与等成本线相切的点来确定最优组合,从而在实现期望产量的同时最小化成本。17. What happens if a firm’s output exceeds its minimum efficient scale? (如果企业的产出超过最低有效规模会发生什么?)
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If a firm’s output exceeds its minimum efficient scale, it may experience diseconomies of scale, where per-unit costs rise due to inefficiencies in management or coordination. 如果企业的产出超过最低有效规模,可能会出现规模不经济,导致由于管理或协调的低效而单位成本上升。18. How can a firm minimize costs while producing a given output level? (企业如何在生产给定产出水平时最小化成本?)
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A firm minimizes costs by selecting the input combination where the marginal rate of technical substitution equals the ratio of input prices. 企业通过选择在技术替代率等于投入价格比率的投入组合来最小化成本。19. What is the relationship between input prices and the slope of the isocost line? (投入价格与等成本线的斜率之间有什么关系?)
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The slope of the isocost line is determined by the ratio of the prices of the two inputs. A change in the price of one input will change the slope of the line.
等成本线的斜率由两个投入价格的比率决定。某一投入价格的变化会改变该线的斜率。