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
雅思分类词汇 : 职业名称
雅思机经中出现的难词
雅思分类词汇 : H otel词汇
雅思口语分类词汇: 味道及餐厅
分类词汇 : 职位对照(下)
雅思分类词汇 : 电影词汇
雅思词汇:政府与管理机关
雅思分类词汇 :菜谱词汇
常用英语单词词根大全
英语中有关动物的谚语 (上)
分类词汇 :常见合成词
雅思词汇:记忆两绝招
雅思分类词汇 : 个人简历词汇
雅思分类词汇 :奥运词汇(下)
雅思分类词汇 : 报刊常用术语
雅思分类词汇 :环境污染
雅思词汇的重要性
简历写作词汇大全
雅思分类词汇 : 蔬菜词汇
雅思听力词汇: 必备名词
分类词汇:职位对照(上)
雅思分类词汇:常见工作名称(上)
雅思分类词汇:常见工作名称(下)
雅思分类词汇: 常用标识语和提示语
雅思分类词汇 : 出版词汇
雅思听力租房场景词汇汇总
雅思词汇辨析 : road ,street与avenue
雅思分类词汇 :奥运词汇(上)
雅思口语词汇:中国独特概念词(下)
雅思分类词汇: 超市商品
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