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
2016届高考英语二轮课后检测:14 Unit2 the environment(牛津译林版)
2016届高考英语二轮语法专练:第3讲 形容词(牛津译林版)
2016届高考英语二轮课后检测:19 Unit4 helping people around the world(牛津译林版)
2016届广东省天河区高考英语二轮语法复习精讲精练:短文改错06
2016届广东省天河区高考英语二轮语法复习精讲精练:完形填空02
2016届高考英语二轮课后检测:24 Unit1 the written word(牛津译林版)
2016届高考英语二轮语法专练:第2讲 代词(牛津译林版)
2016届高考英语二轮课后检测:21 Unit2 fit for life(牛津译林版)
2016届广东省天河区高考英语二轮语法复习精讲精练:短文改错02
2016届高考英语二轮课后检测:11 Unit2 sports events(牛津译林版)
2016届广东省天河区高考英语二轮语法复习精讲精练:强调句
2016届高考英语二轮课后检测:23 Unit4 public transport(牛津译林版)
2016届高考英语二轮课后检测:6 Unit3 amazing people(牛津译林版)
2016届高考英语二轮课后检测:5 Unit2 wish you were here(牛津译林版)
2016届广东省天河区高考英语二轮语法复习精讲精练:短文改错04
2016届高考英语二轮课后检测:18 Unit3 understanding each other(牛津译林版)
2016届广东省天河区高考英语二轮语法复习精讲精练:完形填空01
2016届广东省天河区高考英语二轮语法复习精讲精练:情态动词02
2016届广东省天河区高考英语二轮语法复习精讲精练:动词时态和语态16
2016届广东省天河区高考英语二轮语法复习精讲精练:完形填空06
2016届高考英语二轮课后检测:7 Unit1 the world of our senses(牛津译林版)
2016届高考英语二轮课后检测:20 Unit1 living with technology(牛津译林版)
2016届广东省天河区高考英语二轮语法复习精讲精练:祈使句反意疑问句和感叹句
2016届高考英语二轮课后检测:3 Unit3 looking good,feeling good(牛津译林版)
2016届广东省天河区高考英语二轮语法复习精讲精练:短文改错01
2016届高考英语二轮课后检测:16 Unit1 laughter is good for you(牛津译林版)
2016届高考英语二轮课后检测:2 Unit2 growing pains(牛津译林版)
2016届广东省天河区高考英语二轮语法复习精讲精练:情态动词03
2016届高考英语二轮课后检测:25 Unit2 the universal language(牛津译林版)
2016届高考英语二轮课后检测:26 Unit3 the world of colours and light(牛津译林版)
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