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
体坛英语资讯:Ostapenko into second round, Kvitova crashes out at China Open
国际英语资讯:Nigerias opposition party picks former VP as 2019 presidential candidate
国际英语资讯:Feature: BiH citizens hope for new prosperity after general elections
体坛英语资讯:China beat Canada for 3rd straight win at womens volleyball worlds
20到30岁,是人生最不可挥霍的时光!这3条实用建议值得一听
国际英语资讯:5th ASEAN Defense Ministers Meeting-Plus wraps up in Singapore
国际英语资讯:AfDB provides loan to improve sanitation conditions in Tunisia
国际英语资讯:Morocco steps up crackdown on illegal migration to EU countries
国际英语资讯:Feature: Forcibly displaced Yemenis call for urgent support to survive icy winter
国际英语资讯:Spotlight: New Okinawa governor urges Abe to forego U.S. base move, fundamentally review SOF
体坛英语资讯:James Rodriguez set for Colombia return
国际英语资讯:Feature: Plagued by cholera, hunger, now diphtheria strangles more children in war-ravaged Y
国际英语资讯:Maldives supreme court upholds presidential election results
体坛英语资讯:Youth Olympic torch reaches worlds most southern city
国际英语资讯:Russia to react to U.S. moves after its withdrawal from INF Treaty: Russian MP
体坛英语资讯:Wang Qiang, top 10 seeds all advance into third round of China Open
国内英语资讯:China Focus: China quickly embracing VR amid tech boom
体坛英语资讯:Osaka, Zhang victorious at China Open
国际英语资讯:Mexican police arrest kindergarten employee accused of child sex abuse
体坛英语资讯:Top-two drop points in German Bundesliga
My View on Moral Character: The New Graduate Admission Criteria 关于研招品德不合格者不录取的看法
国际英语资讯:Australia committed to Paris agreement: PM
国际英语资讯:U.S. military confirms U.S. general wounded in Afghanistan attack
体坛英语资讯:56th convention of World Boxing Council kicks off in Ukrainian capital
体坛英语资讯:Kenyan Kirui set sights on reclaiming Chicago Marathon title
体坛英语资讯:China overcome Senegal, finish group second at FIBA Womens World Cup
On Stress 论压力
国际英语资讯:1st LD: Saudi Arabia arrests 18 over death of missing Saudi journalist
体坛英语资讯:BiH soccer coach names squad against Northern Ireland
Should we go to the cinema to watch movies?是否该去电影院看电影?
不限 |
英语教案 |
英语课件 |
英语试题 |
不限 |
不限 |
上册 |
下册 |
不限 |