Many people have the impression that as production increases
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
小学英语分类词汇表 18
小学趣味英语单词H的学习
小学英语一年级字母学习
英语常见词汇及翻译
小学趣味英语单词J的学习
英语词汇 英语单词词源100讲 5
传说中的100句英语可以帮你背7000单词2
小学英语分类词汇表 9
小学英语分类词汇表 15
常见的英语同义词50组(2)
小学趣味英语单词C的学习
英语单词常见前后缀总结
英语词汇 常见电脑英语及其缩写
小学英语分类词汇表 4
英语词汇 英文构词词根表 3
英语词汇 VOA 基础词汇手册2
常见的英语同义词50组(1)
英语词汇 中英文天气预报对照表
英语词汇 英语单词词源100讲 8
小学英语分类词汇表 5
英语词汇 英文构词词根表 6
告别表达方法小结
小学六年英语词组归纳
小学英语分类词汇表 19
英语词汇 英语单词词源100讲 9
小学英语学习 背英语单词最科学的方法
英语词汇 次重点词汇1
小学趣味英语单词I的学习
英语词汇 容易混淆拼错的英语词
小学趣味英语单词F的学习
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