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
【3年高考2年模拟】2016届高三英语一轮复习课件 Module 5 A Trip Along the Three Gorges
【3年高考2年模拟】2016届高三英语一轮复习课件 写作指导十二 申请书
【3年高考2年模拟】2016届高三英语一轮复习课件 Module 6 The Internet and Telecommunications
湖南省邵东县2016届英语一轮单项选择和阅读理解精炼(6)
【3年高考2年模拟】2016届高三英语一轮复习课件 语法专练三 定语从句
【3年高考2年模拟】2016届高三英语一轮复习课件 Module 5 The Conquest of the Universe
【3年高考2年模拟】2016届高三英语一轮复习课件 Module 5 Great People and Great Inventions of Ancient China
【3年高考2年模拟】2016届高三英语一轮复习课件 Module 4 Sandstorms in Asia
【3年高考2年模拟】2016届高三英语一轮复习课件 Module 4 Carnival
【3年高考2年模拟】2016届高三英语一轮复习课件 Module 4 Which English?
【3年高考2年模拟】2016届高三英语一轮复习课件 Module 5 Cloning
【3年高考2年模拟】2016届高三英语一轮复习课件 语法专练四 名词性从句
【3年高考2年模拟】2016届高三英语一轮复习题组训练 语法专练二 并列句和状语从句(人教版)
【3年高考2年模拟】2016届高三英语一轮复习课件 语法专练八 动词和动词词组
【3年高考2年模拟】2016届高三英语一轮复习课件 Module 6 Unexplained Mysteries of the Natural World
【3年高考2年模拟】2016届高三英语一轮复习课件 Module 6 Animals in Danger
【3年高考2年模拟】2016届高三英语一轮复习课件 语法专练十一 代词和介词
【3年高考2年模拟】2016届高三英语一轮复习课件 写作指导十三 通知
【3年高考2年模拟】2016届高三英语一轮复习课件 语法专练六 非谓语动词
【3年高考2年模拟】2016届高三英语一轮复习课件 Module 6 Old and New
【3年高考2年模拟】2016届高三英语一轮复习课件 语法专练十 名词和冠词
【3年高考2年模拟】2016届高三英语一轮复习课件 语法专练二 并列句和状语从句
【3年高考2年模拟】2016届高三英语一轮复习课件 写作指导七 图画类夹叙夹议文
【3年高考2年模拟】2016届高三英语一轮复习课件 Module 6 Films and TV Programmes
【3年高考2年模拟】2016届高三英语一轮复习课件 Module 5 A Lesson in a Lab
【3年高考2年模拟】2016届高三英语一轮复习课件 语法专练五 特殊句式
【3年高考2年模拟】2016届高三英语一轮复习课件 写作指导八 话题类议论文
【3年高考2年模拟】2016届高三英语一轮复习课件 Module 4 Music Born in America
【3年高考2年模拟】2016届高三英语一轮复习课件 语法专练九 形容词和副词
【3年高考2年模拟】2016届高三英语一轮复习课件 Module 5 Ethnic Culture
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| 英语教案 |
| 英语课件 |
| 英语试题 |
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