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
怎样练成流利的英语口语
国内英语资讯:China textile overseas investment flows to BRI region
国际英语资讯:Prominent Chinese Americans meet in New York to discuss bilateral relationship
避孕药或有助于降低患卵巢癌的风险
请别邀请我吃晚餐
国际英语资讯:U.S. tourist kidnapped in Uganda rescued
国内英语资讯:East China city to open direct flights to Tokyo, Seoul
体坛英语资讯:Kenya to play Egypt, Morocco in North Africa U-18 football tourney
国内英语资讯:Metasequoia fossil discovered in southwest China
体坛英语资讯:Ruiz stuns Joshua to become world heavyweight champion
国内英语资讯:China sees 112 mln domestic tourist trips during tomb-sweeping holiday
体坛英语资讯:Shandong Luneng beat Tianjin Tianhai 4-2 at Chinese Super League
美国食品药品监管局表示:电子烟或导致癫痫
回到上新世?气候变化或让南极洲变“绿洲”
国内英语资讯:China moves to boost SME growth
《饥饿游戏》前传小说明年出版 狮门计划拍成电影
国际英语资讯:Pakistan warns India over alleged plans of possible military action
国内英语资讯:Chinas booming middle class creates opportunities for culture, entertainment industry: bus
体坛英语资讯:Sun Yang records personal fastest 1,500m freestyle in four years
国内英语资讯:China to avoid debt burden for BRI participating countries: envoy
“世纪离婚”尘埃落定!贝佐斯前妻成世界第三大女富豪
国际英语资讯:World Economic Forum MENA 2019 calls for collaboration to face regional challenges
不管世事如何,生命都在继续
国内英语资讯:Chinas NPC delegation visits Armenia
国际英语资讯:Malaysia, Singapore reach agreement on settling airspace dispute
国际英语资讯:Spotlight: Turkeys election results remain in limbo as ruling party disputes oppositions
体坛英语资讯:Strasbourg claim French League Cup title over Guingamp through penalty shootout
体坛英语资讯:Olympic medalist Obiri says gold win in Denmark, her last in cross country
揭秘天才们的那些怪癖
Uber上市才1个月,COO和CMO就都离职了
不限 |
英语教案 |
英语课件 |
英语试题 |
不限 |
不限 |
上册 |
下册 |
不限 |