In a purely competitive market, the supplier of goods and services has no control over the market price, because he produces too little to influence market conditions. With no difference between his products and the products __1__ his competitors, he will sell nothing if he charges above the market price and he will sell all if he charges at or __2__ the market price. However, in considering the price, he must take cost of production __3__. There are times when he may be willing to sell below his cost. This might happen when prices tumble for __4__ a short time. However, no business person can __5__ lose money for a prolonged period. He must __6__ of his costs in relation to the market price if he is to compete successfully and earn a profit.
Many people have the impression that as production increases, costs per unit decrease. __7__ mass production has made this true in certain industries and at certain levels of production, __8__ logic and practical experience have shown that costs per unit begin to rise beyond a certain level of production. Some economists __9__ this principle as the law of increasing costs.
The reason __10__ rise as production goes up is complex. However, it is easy to recognize that as production goes up, the need for additional factors of production will also grow, resulting __11__ competitive bidding in the marketplace for the factors of production. If a producer needs __12__ skilled labor to produce more, and none of this labor is unemployed, the producer will have to get __13__ from other sources. This can be done by __14__ higher wages. Higher bidding would also apply to the other factors of production. We must also recognize that not all labor is equally productive, __15__ not all land is equally fertile and not all ore is equally rich in the mineral wanted.
1. A) to B) at C) of D) on
2. A) below B) beneath C) over D) above
3. A) to consider B) into consideration C) to consideration D) in consideration
4. A) he believes will be B) what he believes be C) what he believes will be D) he believes to be
5. A) afford to B) be affordable C) be afforded to D) have afforded
6. A) constantly aware B) constantly knowledgeable of C) be constantly aware of D) constantly aware of
7. A) Because B) Since C) When D) While
8. A) both B) as well as C) also D) but
9. A) refer B) refer to C) call D) are referred to
10. A) cost B) the cost C) the costs D) costs
11. A) from B) in C) D) for
12. A) less B) numerous C) more D) many
13. A) them B) these C) it D) those
14. A) offering B) cutting C) reducing D) having
15. A) as just B) just as C) because D) while
KEYS: CABCA CDABD BCCAB
浙江省平阳中学2016-2017学年高一12月月考英语试题
美国众议院批准政府预算案
亲诚惠容结善缘,周边外交续新篇
湖北省部分重点中学2017-2013学年度下学期高一期末考试 英语试题 Word版含答案
法国总统候选人辩论火爆
江西省赣州市兴国县将军中学2016-2017学年高一上学期第二次月考英语试题 Word版无答案
浙江省富阳场口中学2016-2017学年高一12月教学质量检测英语试题 Word版无答案
浙江省余姚中学2016-2017学年高一上学期期中英语试题
When the weather is getting cold, it is good to have something短文改错
特朗普好心累,被弹劾的可能性越来越大了
辽宁省沈阳铁路实验中学2016-2017学年高一上学期第二次月考 英语试题 Word版含答案
The London Underground (The Tube)阅读理解答案
伊万卡买了栋新房子,看哭无数小白领
More than one
女人饿的时候,更喜欢找胖子当男友
咖啡英语超级大科普
河北省唐山市开滦二中2016-2017学年高一12月月考英语试题
国内英语资讯:Belt and Road Initiative has great global influence: Argentine Ambassador
高中生面临沉重的学习压力,因此,很多同学课间休息时间也坐在教室里学习,但效果并不理想。就此,
假定你是李华,是某国际学校的一名高三学生。请用英文跟你的美国朋友克里斯写一封电子邮件求助,要点如下:
国内英语资讯:Chinese, U.S. officials discuss all-round economic cooperation over phone
米歇尔 奥巴马声称永远不会竞选美国总统
“运动药丸”有望取代健身房
江西省南昌十九中2016-2017学年高一上学期第二次月考(12月)英语试题 Word版含答案
觉得自己的工作毫无意义?越来越多人这么想
假定你是李华, 得知你的英国笔友John获得了在伦敦举行中学生中文演讲比赛一等奖。你为他感到骄傲, 并给他写一封祝贺信
国际英语资讯:Trump says hes committed to helping solve Israeli-Palestinian conflict
中国将推国产网络百科全书
国际英语资讯:U.S. working on new DPRK sanctions: top diplomat
河北省邢台一中2016-2017学年高一上学期第三次月考英语试题