1. price-quality/quality-price ratio

Hello!
Do "price-quality ratio" and "quality-price ratio" mean the same, please?
Cheers
Will

2. Re: price-quality/quality-price ratio

Originally Posted by Will17
Hello!
Do "price-quality ratio" and "quality-price ratio" mean the same, please?
Cheers
Will
Yes, they do. I think "quality-price ratio" is more common.

3. Re: price-quality/quality-price ratio

Originally Posted by bhaisahab
Yes, they do. I think "quality-price ratio" is more common.
Wouldn't one be the inverse of the other? If the price/quality ratio is high, the quality/price ratio would be low.

4. Re: price-quality/quality-price ratio

Originally Posted by Raymott
Wouldn't one be the inverse of the other? If the price/quality ratio is high, the quality/price ratio would be low.
What do you think Bhai?

5. Re: price-quality/quality-price ratio

Not a teacher. Or Bhai.

I agree with Raymott. I would interpret price-quality ratio to mean the ratio of price to quality and quality-price ratio to mean the ratio of quality to price.

As such, each figure would indeed be the reciprocal (the multiplicative inverse) of the other.

6. Re: price-quality/quality-price ratio

[QUOTE=Will17;744935]
Originally Posted by Raymott
Wouldn't one be the inverse of the other? If the price/quality ratio is high, the quality/price ratio would be low.[/QUOTE

What do you think Bhai?
I think Raymott is probably right.

7. Re: price-quality/quality-price ratio

I believe that quality-price ratio is used for wines, though don't know who else uses it, and have seen price-quality ratio used in financial analyses of companies.

8. Re: price-quality/quality-price ratio

In analysis of companies, the ratios have to be strictly in the right order, because so many derivative ratios are computed from them.

In any case, as a general principle the X/Y ratio has to be the inverse of Y/X ratio if these terms are to be understood.
If the student/staff ratio is 12:1, the staff/student ratio must be 1:12.
There might be specific industries in which the same ratio can be expressed in either direction and be the same value, but I don't know of any.

Posting Permissions

• You may not post new threads
• You may not post replies
• You may not post attachments
• You may not edit your posts
•

English Reference

Tests & Quizzes

Teachers