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
答案: CABCA CDABD BCCAB
雅思语汇的试题:多种方式记单词第1期
雅思口语测试部分试题的参考
2003年2月8日大连雅思考试的试题
阅读题型做题的技巧
雅思语汇的试题:多种方式记单词第12期
雅思语汇试题:多种方式记单词的第2期
05年全年雅思口语考试主题的大总结
雅思阅读模拟的试题:钱币
雅思口语考试的实战的题目
历年真题:雅思考试听力的真题V26
雅思作文真题:空运水果蔬菜的利弊
雅思
2006年1月21日雅思作文的考题
雅思作文的真题:家庭和朋友谁影响你
历年雅思作文真题的总结[4]
雅思听力的真题V54
雅思退休考官总结的2006年10月雅思口语的题目
听力十大题型解题的指南四
历年雅思作文真题的总结[1]
新东方笔记:Hobbies&Interests的话题
雅思作文的真题:动物实验是否必要
10月18日大作文题目的回忆
雅思考试口语的真题:12月2日悉尼口语
听力十大题型解题的指南六
超级免费雅思真题的大奉送
雅思作文真题:女性犯罪率高的原因
雅思十六个常备的口语题目
2006年下半年的作文一定有用的题目
听力十大题型解题的指南二
雅思听力是怎么出题的呢
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |