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
新概念英语第一册 Lesson 67:The weekend
新概念英语第一册 Lesson 117: Tommy’s breakfast
新概念英语第一册 Lesson 43:Hurry up
新概念英语第一册 Lesson 77:Terrible toothache
新概念英语第一册 Lesson 133:Sensational news
新概念英语第一册 Lesson 105:Full of mistakes
新概念英语第一册 Lesson 97:A small blue case
新概念英语第一册 Lesson 137:A pleasant dream
新概念英语第一册 Lesson 49:At the butcher’s
新概念英语第一册 Lesson 93:Our new neighbour
新概念英语第一册 Lesson 85:Pairs in the spring
新概念英语第一册 Lesson 87:A car crash
新概念英语第一册 Lesson 111:The most expensive model
新概念英语第一册 Lesson 95:Tickets,please
新概念英语第一册 Lesson 101:A card from Jimmy
新概念英语第一册 Lesson 135: The latest report
新概念英语第一册 Lesson 61:A bad cold
新概念英语第一册 Lesson 51:A pleasant climate
新概念英语第一册 Lesson 91:Poor Ian
新概念英语第一册 Lesson 59:Is that all
新概念英语第一册 Lesson 119:A true story
新概念英语第一册 Lesson 83:Going on holiday
新概念英语第一册 Lesson 131:Don’t be so sure
新概念英语第一册 Lesson 65:Not a baby
新概念英语第一册 Lesson 39:Don’t drop it
新概念英语第一册 Lesson 73:The way to King Street
新概念英语第一册 Lesson 127:A famous actress
新概念英语第一册 Lesson 71:He’s awful
新概念英语第一册 Lesson 129:Seventy miles an hour
新概念英语第一册 Lesson 99:Owl
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