| 单词 | compensating variation |
| 释义 | compensating variation The amount of additional money needed to restore an individual's original level of utility if the price of any good consumed rises, or it ceases to be available. This assumes that the prices and availability of all other goods are unchanged. The compensating variation is contrasted with the equivalent variation, which is the amount of additional money needed to give the level of utility that an individual could have reached if the price of a commodity fell, or a new commodity became available. |
| 随便看 |
|
英汉经管词典收录了3426条经济管理类英汉双解词条，基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法，是学习及工作的有利工具。