Cost as a Factor in Supply
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) abovewww.zcyy8.com
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
雅思听力循序渐进 四步走克服障碍
雅思听力地图题解题方法指导
实用备考资料:雅思听力考试词汇汇总(2)
雅思听力常考题型及题型训练
雅思听力考试如何“掐指一算”
有的放矢备考雅思听力 警惕听力误区
实用备考资料:雅思听力考试词汇汇总(3)
“内功修行”+题海战术 有效提高雅思听力
四条雅思听力考试的常用技巧
雅思听力考试之信息表填空题分析
实用备考资料:雅思听力考试词汇汇总(4)
雅思听力考试第二问:选课话题如何备考
雅思备考策略:听力30个高频短语
雅思备考:听力难点分析与应对策略
雅思听力交通题:堵车的感悟
雅思听力预测及快速提分方法
雅思听力辅导:比较关系
实用备考资料:雅思听力考试词汇汇总(1)
雅思听力考试机经是否有用
实用备考资料:雅思听力考试词汇汇总(5)
名师解读雅思听力难点及对策
雅思听力考试预测技巧
雅思听力考题中的8大陷阱
雅思听力题型如何“了然于胸”
备考辅导:雅思听力提分秘诀大揭秘
雅思听力备考:比较关系练习及提升技巧
在生活场景中积累雅思听力词汇
攻克雅思听力答题能力详解
从雅思听力考试三问看历年话题
雅思听力考点解析 把握数字关键点
不限 |
英语教案 |
英语课件 |
英语试题 |
不限 |
不限 |
上册 |
下册 |
不限 |