[Idiom] price-quality/quality-price ratio
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bhaisahab
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Yes, they do. I think "quality-price ratio" is more common.
Raymott
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Wouldn't one be the inverse of the other? If the price/quality ratio is high, the quality/price ratio would be low.
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What do you think Bhai?
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Drear Pooson
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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.
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.
bhaisahab
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Tdol
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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.
Raymott
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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.
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.
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