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
雅思分类词汇:足球词汇
雅思分类词汇:职业及工作词汇
留学期间可能遇到的雅思词汇
雅思分类词汇:汽车词汇
雅思分类词汇:超市食品词汇
每日雅思词汇:“流行疫病”相关词汇
雅思分类词汇:医学词汇
雅思分类词汇:机场指示篇
每日雅思词汇:中式早点
雅思分类词汇:报刊常用术语
雅思分类词汇:艺术词汇
雅思分类词汇:体育词汇
雅思分类词汇:计算机词汇
雅思阅读分类词汇:文化词汇
雅思口语词汇:旅行、就餐词汇
雅思分类词汇:农业相关词汇
雅思备考中需要知道的三类词汇
雅思常考十种场景词汇:健康/看病场景
记忆雅思词汇的四大方法
每日雅思词汇:奥运词汇-排球
每日雅思词汇:奥运词汇-曲棍球
雅思分类词汇:家居用品词汇
雅思分类词汇:海洋河流相关的词汇
每日雅思词汇:奥运词汇-羽毛球
每日雅思词汇:水上运动
雅思常考十种场景词汇:授课场景
雅思阅读分类词汇:科技
雅思常考十种场景词汇:外表衣着
雅思分类词汇:政府与管理机关
六招让你的雅思词汇过目不忘
不限 |
英语教案 |
英语课件 |
英语试题 |
不限 |
不限 |
上册 |
下册 |
不限 |