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
2017届高考英语一轮复习单元训练:1.2《English around the world》(新人教版含解析)
2017届高考英语一轮复习知识点精练:1.5 非谓语动词 Section Ⅰ(新人教版含解析)
2017届高考英语一轮复习知识点精练:1.3 名词和主谓一致 Section Ⅰ(新人教版含解析)
2017届高考英语一轮复习单元训练:2.1《Cultural relics》(新人教版含解析)
2017届高考英语一轮复习单元训练:8.5《Meeting your ancestors》(新人教版含解析)
2017届高考英语一轮复习单元训练:6.2《Poems》(新人教版含解析)
2017届高考英语一轮复习考点集训:Module2 Unit2《Wish you were here》(牛津译林版含答案)
2017届高考英语一轮复习单元训练:6.1《Art》(新人教版含解析)
2017届高考英语一轮复习单元训练:4.2《Working the land》(新人教版含解析)
2017届高考英语一轮复习知识点精练:1.5 非谓语动词 Sectiont Ⅱ(新人教版含解析)
2017届高考英语一轮复习单元训练:1.1《Friendship》(新人教版含解析)
2017届高考英语一轮复习知识点精练:1.3 名词和主谓一致 Sectiont Ⅱ(新人教版含解析)
2017届高考英语一轮复习知识点精练:1.2 形容词和副词 Section Ⅰ(新人教版含解析)
2017届高考英语一轮复习单元训练:3.4《Astronomy the science of the stars》(新人教版含解析)
2017届高考英语一轮复习考点集训:Module1 Unit3《Looking good,feeling good》(牛津译林版含答案)
2017届高考英语一轮复习单元训练:5.2《The United Kingdom》(新人教版含解析)
2017届高考英语一轮复习知识点精练:1.4 动词时态和语态 Section Ⅰ(新人教版含解析)
2017届高考英语一轮复习单元训练:4.1《Women of achievement》(新人教版含解析)
2017届高考英语一轮复习单元训练:8.1《A land of diversity》(新人教版含解析)
2017届高考英语一轮复习单元训练:3.5《Canada-“The True North”》(新人教版含解析)
2017届高考英语一轮复习单元训练:2.3《Computers》(新人教版含解析)
2017届高考英语一轮复习单元训练:5.3《Life in the future》(新人教版含解析)
2017届高考英语一轮复习单元训练:1.5《Nelson Mandela-a modern hero》(新人教版含解析)
2017届高考英语一轮复习单元训练:8.2《Cloning》(新人教版含解析)
2017届高考英语一轮复习单元训练:6.5《The power of nature》(新人教版含解析)
2017届高考英语一轮复习单元训练:4.4《Women of achievement》(新人教版含解析)
2017届高考英语一轮复习单元训练:7.3《Under the sea》(新人教版含解析)
2017届高考英语一轮复习单元训练:1.4《Earthqu kes》(新人教版含解析)
2017届高考英语一轮复习考点集训:Module2 Unit3《Amazing people》(牛津译林版含答案)
2017届高考英语一轮复习单元训练:4.5《Theme parks》(新人教版含解析)