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
permit后接动词的用法规律
英语动词有五种基本形式
advise后接动词用法规律
以-ly结尾的形容词
什么叫实义动词与非实义动词
feel like用法详解
常用短语动词用法归纳(01)
forgive, excuse, pardon用法比较
什么叫动态动词与静态动词
可以说look at books吗
什么叫谓语动词与非谓语动词
been可以表示come或gone的意思
你知道动词thank / appreciate的搭配习惯吗
形容词及其用法
英语动词分类及用法说明
动词allow的四个有用搭配
动词arrange的三组正误用法
多个形容词修饰名词的顺序
as + 形容词或副词原级 + as
英语助动词的功能
burn的用法与语法
也谈谈主动表被动
英语动词的分类及基本形式
describe的语法特点与搭配
形容词与副词的比较级
动词allow搭配小议
终止性动词在否定句中可连用一段时间
动词agree的短语与搭配
allow后接动词的用法规律
many,old 和 far
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