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
GRE15000词汇逻辑辩证记忆第12讲
从入门到冲刺,GRE单词完美的解决方法
GRE考试辅导:365句美国人最爱的精简口语(5)
GRE15000词汇逻辑辩证记忆第18讲
GRE15000词汇逻辑辩证记忆第13讲
GRE15000词汇逻辑辩证记忆第23讲
把背单词当作事业:背GRE三重至高境界
GRE考试辅导:365句美国人最爱的精简口语(6)
GRE考试核心词汇表(T)(第四篇)
GRE考试核心词汇表(T)(第二篇)
GRE阅读中的“关键”词汇
GRE15000词汇逻辑辩证记忆第17讲
GRE15000词汇逻辑辩证记忆第3讲
三个Tips帮你搞定GRE褒贬程度类比
词汇指导:八大变态GRE难词的破解答疑
GRE15000词汇逻辑辨证记忆第30讲
GRE考试核心词汇表(S)(第十篇)
名师点拨:GRE GMAT写作要巧用小词
GRE考试核心词汇表(S)(第十二篇)
GRE15000词汇逻辑辩证记忆第2讲
GRE词汇考试试题测试――填空题(2)
GRE语法提升:otherwise用法解析
GRE辅导:GRE中的猜词
GRE考试核心词汇表(XZ)
词汇指导:GRE类比词汇对象关系总结
GRE考试核心词汇表(S)(第十四篇)
GRE考试核心词汇表(U)(第三篇)
GRE15000词汇逻辑辩证记忆第25讲
GRE15000词汇逻辑辩证记忆第10讲
GRE考试核心词汇表(V)(第二篇)
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |