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
GMAT写作考试中43个常见话题总结
GMAT考试写作指导:Argument范文九
GMAT考试写作指导:Argument范文十八
最新GMAT考试满分作文协同攻略
GMAT考试写作指导:Issue写作范文二二
GMAT考试写作指导:Argument范文二
GMAT考试写作指导:Issue写作范文五四
GMAT考试写作指导:Issue写作范文二一
GMAT考试:Argument写作范文四十三
GMAT考试写作指导:Issue写作范文四七
GMAT考试写作指导:Argument范文二四
GMAT ISSUE写作高频话题:员工激励的作用
GMAT考试写作指导:Issue写作范文十四
GMAT考试写作指导:Issue写作范文七四
GMAT考试写作指导:Argument范文十七
GMAT考试写作指导:Argument范文七七
GMAT考试写作指导:Issue写作范文六八
GMAT考试写作指导:Issue写作范文六六
GMAT作文提升技巧:作文记忆法
GMAT新黄金80题及范文(一)
GMAT考试写作指导:Argument范文三
GMAT考试写作指导:Issue写作范文五六
GMAT新黄金80题及范文(七)
GMAT考试写作指导:Issue写作范文六二
GMAT考试写作指导:Issue写作范文十五
GMAT考试写作指导:Argument范文三二
GMAT考试写作指导:Argument范文四
GMAT考试写作指导:Issue写作范文七九
GMAT考试写作指导:Issue写作范文二十
GMAT考试写作指导:Issue写作范文六五
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