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) 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
G类雅思书信写作范文:建议信(8)
雅思写作高频短语套句100句
雅思写作词汇辅导:动词替换集锦
雅思写作范文:国际合作的益处
雅思写作素材:名人名言大汇总
雅思写作满分模版
雅思写作8分范文:发展旅游业的利弊
雅思写作备考的三点建议
雅思写作范文:对犯罪的详细描写
雅思写作话题思路指导:远程办公对社会的影响
G类雅思书信写作范文:谢绝信(13)
G类雅思书信写作范文:投诉信(2)
雅思写作范文:儿童是否该看电视
雅思写作范文:缩小城乡差距的方法
G类雅思书信写作范文:问询信(4)
雅思写作词汇辅导:名词替换集锦
雅思高分作文观点:广告在社会中扮演的角色
雅思写作范文:电视是否会影响孩子创造力
G类雅思书信写作范文:邀请信(14)
G类雅思书信写作范文:请求信(10)
雅思写作:如何将复杂内容模块化
G类雅思书信写作范文:日常信(11)
雅思写作词汇辅导:介词替换集锦
雅思写作9分范文点评:穷孩子富孩子
名师讲解雅思写作考试的思辨性
雅思写作高分必备的十一类关联词
雅思写作7分范文:应否使用动物做实验
G类雅思书信写作范文:推荐信(5)
雅思写作必背句子
雅思写作8分范文:想去旅游的城市
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |