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
二年级英语口语练习:嗨,麦克 !
二年级英语口语练习:很高兴见到你
二年级英语对话练习:你怎么了?(2)
鹅妈妈童谣:知更鸟
二年级英语对话练习:你好吗?(2)
小学二年级英语口语对话练习
二年级英语口语练习:晚安
二年级英语口语练习:早上好!
二年级英语对话练习:喂,丹尼斯!
二年级英语对话练习:你的英语怎么样?
二年级英语对话练习:你怎么了?(3)
鹅妈妈童谣:跷跷板,玛琼琳·朵
鹅妈妈童谣:老国王科尔
鹅妈妈童谣:我在这儿
小学二年级英语口语练习汇总
二年级英语对话练习:喂?
二年级英语口语练习:你叫什么名字
小学二年级英语下册Unit2口语练习
鹅妈妈童谣:萨利绕着太阳转
二年级英语对话练习:我感冒了
二年级英语口语练习:我很好。谢谢!
小学二年级日常对话口语练习材料1
鹅妈妈童谣:福斯特博士去格洛斯特
鹅妈妈童谣:我们绕过桑树丛
鹅妈妈童谣:绕著花园转呀转
二年级英语口语练习:见到你很高兴
鹅妈妈童谣:风儿吹呀吹,快点儿去磨坊
二年级英语对话练习:你去哪里了?
鹅妈妈童谣:杰克和吉尔
二年级英语口语练习:你好吗?
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