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
初中英语现在完成时的句型
小学英语一般现在时的句型转换口诀
初中英语现在完成时的结构与用法小结
英语中Since 和 for 的用法
初中英语语法一般现在时练习题
瞬间动词和延续性动词的含义及用法
初中语法 With的复合结构作独立主格
小升初语法必备 since的用法及练习题
初中英语被动语态
初中英语将来进行时练习题
英语不可数名词的复数形式
初中英语Be going to练习题
小学英语语法 现在完成时的用法
小升初必备语法 let的用法
小升初语法必备 分词的语态
英语语法总结 be going to用法小结
将来进行时的用法
小学英语可数名词与不可数名词练习题
小学英语时态与时间状语
小学生英语语法 since的用法小结
小学英语语法 现在完成时练习题
小学英语现在完成时的结构
小升初英语被动语态的结构
初中英语used to与be used to的用法区别
英语现在完成时的基本结构
小升初英语特殊被动语态
小升初语法必备 be going to 结构用法总结
初中英语一般现在时的结构
小学英语独立主格的结构
初中英语现在进行时练习题
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