7MBA翻译中可能遇到的较难的专有名词 - 英 语 时 空 - 中国MBA论坛 MBA论坛,...

The ease with which an asset can be converted into the economy's medium of exchange


　　Lump-sum tax 定额税


　　A tax that is the same amount for every person


　　learning by doing 干中学


　　the increase in productivity that occurs as a firm gains experience from producing, and that results in a decrease in the firm's production costs


　　learning curve 学习曲线；经验曲线


　　the curve describing how costs of production decline as cumulative output increases over time


　　less developed countries (LDCs) 发展中国家


　　the poorest nations of the world, including much of Africa, Latin America, and Asia


　　life-cycle hypothesis 生命周期假说


　　the theory that individuals typically save when they are young and working and spend their savings as they age and retire


　　life-cycle savings motive 生命周期储蓄动机


　　people save during their working lives so that they can consume more during retirement


　　limit pricing 限制性定价


　　the practice of charging a lower price than the level at which marginal revenue equals marginal cost, as a way of deterring entry by persuading potential competitors that their profits from entering are likely to be limited


　　Lorenz curve 洛伦兹曲线


　　a curve that shows the cumulative proportion of income that goes to each cumulative proportion of the population, starting with the lowest income group


　　Luddites 卢德派分子


　　early nineteenth-century workmen who destroyed labor-saving machinery rather than see it taking over their jobs


　　Macroeconomics 宏观经济学


　　The study of economy-wide phenomena, including inflation, unemployment, and economic growth


　　Marginal changes 边际变动


　　Small incremental adjustments to a plan of action


　　Marginal cost 边际成本


　　The increase in total cost that arises from an extra unit of production


　　Marginal product 边际产量


　　The increase in output that arises from an additional unit of input


　　Marginal product of labor 劳动的边际产量


　　The increase in the amount of output from an additional unit of labor


　　Marginal rate of substitution 边际替代率


　　The rate at which a consumer is willing to trade one good for another


　　Marginal revenue 边际收益


　　The change in total revenue from an additional unit sold