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
参考答案: CABCA CDABD BCCAB
How much are these socks学案9
六年级英语升中阅读理解提高训练19
句型词汇专项训练
My favorite subject is science学案2
My favorite subject is science学案4
How Do You Go There练习题
六年级英语上册期中测试卷3
六年级英语上册期中测试卷7
六年级英语上册期末检测试卷10
My favorite subject is science学案1
The Story of Rain练习题2
六年级英语上册单元测试6
六年级英语上册单元测试1
六年级英语上册单元测试4
六年级英语升中阅读理解提高训练16
How much are these socks学案8
六年级英语上册期中测试卷4
六年级英语上册第一次月考试卷
六年级英语上册期中试卷
What Are You Going to Do练习题
六年级英语升中阅读理解提高训练15
The Story of Rain练习题1
六年级英语上册单元测试7
六年级英语上册知识点课课练1
The Story of Rain练习题3
六年级英语升中阅读理解提高训练17
六年级英语上册期中测试卷5
六年级英语上册期末检测试卷1
I Have a Pen Pal练习题
六年级英语升中阅读理解提高训练9
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |