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________ his competitors, he will sell nothing if he charges above the market price and he will sell all if he charges at or __________ the market price. However, in considering the price, he must take the ____________of production into consideration. There are times when he may be willing to sell below his cost. This might happen when prices tumble for__________ he believes will be a short time. However, no business person can __________to lose money for a prolonged period. He must be constantly __________of his costs in relation to the market price if he is to competes successfully and earn a profit.
Many people have the impression that as production increases, costs per unit decrease._________mass production has made this true in certain industries and at certain levels of production,________ logic and practical experiences have shown that costs per unit begin to rise beyond a certain level of production. Some economists_________to this principle as the law of increasing costs.
The reason costs rise as production goes up is __________. However, it is easy to recognize that as production goes up, the need for additional factors of production will also grow,__________competitive bidding in the marketplace for the factors of production. If a producer needs___________ skilled labor to produce more, and none of this labor is unemployed, the producer will have to get __________from other sources. This can be done by ___________higher wages. Higher bidding would also apply to the other factors of production. We must also recognize that not all labor is equally productive, ___________not all land is equally fertile and not all oreis equally rich in the mineral wanted.
51 A to B at C of D on
52 A below B beneath C over D above
53 A price B cost C worth D profit
54 A that B why C what D if
55 A afford B pretend C offer D try
56 A sure B afraid C aware D suspicious
57 A Because B Since C When D While
58 A both B neither C none D any
59 A resort B refer C turn D attend
60 A clear B simple C difficult D complex
61 A bringing B resulting in C including D carrying out
62 A less B numerous C more D many
63 A them B these C it D those
64 A offering B cutting C reducing D having
65 A as if B just as C because D while
答案:
51C 52A 53B 54C 55A 56C 57D 58A 59B 60D 61B
62C 63C 64A 65B
初中教材中的八个IT句型
英语语法大全整本收录(七) 动词不定式
九年级英语完成句子专项练习
英语语法大全整本收录(六)动名词
从词法和句法入手巧解短文改错题
九年级英语上单选100免费下
中考英语词汇练习后三册
八年级英语用词的适当形式填空
英语语法大全整本收录(十三)句子的种类
冠词考向分析与考点训练
八年级英语单项选择专项练习二
英语中考语法(六)连词专题复习
八年级英语上重点词组练习
中考英语词汇练习前三册
英语中考语法(五)动词专题复习(1)
英语宾语从句专题复习
八年级英语上单选专项练习一
英语语法大全整本收录(四)形容词和副词
英语课外辅导:中考 V-ing 形式考点分析
点击重点句式链接中考考点(三)
九年级英语句型转换专项二
八年级英语宾语从句练习
英语语法大全整本收录(五)动词
中考英语精选真题讲解
英语语法大全整本收录(三) 代词
英语语法大全整本收录(二) 冠词和数词
九年级英语上动词时态练习
八年级英语同义句转换练习
击重点句式链接中考考点(一)
九年级英语句型转换专项一
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |