We show that demand uncertainty has a positive effect on the optimal investments and the present value of a firm. 我们将会证明产品需求的不确定性所带来的效应对于最适投资及公司现值有正向的影响。
The September 11 tragedy and the recession worked to the advantage of the PAP, but the "by-election effect" did not materialise for the opposition. 尽管九一一和经济危机等因素对执政党有利,反对党竞选人数减少,却完全没有发挥补选的效应。
He is blind to the effect of his actions. 他不了解他的行为可能带来的后果。
We must take the consequences of our own deed. 我们必须承担自己行为的后果。