Cost as a Factor in Supply
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
答案: CABCA CDABD BCCAB
雅思阅读考试的三个实战技巧
雅思阅读练习:Seeking an energy holy trinity
雅思阅读List of headings标题结构的启示
雅思精华之学术类阅读介绍
雅思阅读词汇:热带雨林(三)
雅思阅读词汇:全球气候暖化(下)
雅思阅读词汇:火山爆发(下)
雅思阅读练习:Selling Digital Music
雅思阅读词汇:热带雨林(一)
雅思阅读常见短语100组
A类雅思阅读概况介绍
雅思阅读实力提升策略(AG适用)
雅思阅读文章:首只放归大熊猫野外摔死
雅思阅读文章:饮食营养三大误区
雅思阅读试前准备需从三方面入手
雅思阅读辅导:新概念难句解析
雅思阅读词汇:热带雨林(四)
雅思阅读词汇:热带雨林(五)
雅思阅读文章的选取及出处
全方位解读雅思阅读考试
雅思略读(Scanning)技巧
学术类雅思阅读与托福、GRE等考试的区别
两个方面攻克雅思阅读:单词+长句
雅思阅读练习:Biomimetics
雅思阅读词汇:火山爆发(上)
雅思阅读第一要素是时间
雅思阅读词汇:火山爆发(中)
雅思阅读文章:小孩和猩猩的记忆方法
影响雅思阅读的十字五点
雅思阅读练习:Rogue theory of smell gets a boost
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |