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
KEYS: CABCA CDABD BCCAB
国内英语资讯:Cross-Strait electronic information expo held in eastern China
国际英语资讯:Spotlight: UK govt asks public not to panic while ringing Brexit alarm bells
朝鲜煤炭“流入”韩国令专家们担忧
国际英语资讯:Iran says Israel, U.S. to be targeted if Washington attacks
国内英语资讯:Premier calls for communication, cooperation in promoting life sciences
五角大楼考虑向南部边境派出部队
国际英语资讯:Nepal all set to host BIMSTEC summit: spokesperson
国际英语资讯:Feature: Kenyan old-style taxi drivers hang on amid challenges from hailing apps
川普担心特别检察官在会面中会指控他做伪证
国际英语资讯:U.S. parcel bomb suspect charged with five federal crimes
国际英语资讯:Zuma in court to support his son
国际英语资讯:Number of structure fires in Mongolia so far this year drops by 7.2 pct
国际英语资讯:Saudi prosecutor to visit Turkey over Khashoggis case
体坛英语资讯:Midfielder Cartagena recalled to Peru squad
体坛英语资讯:Leipzig crush 10-man Nuremberg 6-0 in German Bundesliga
美国各州最受欢迎的万圣节糖果
体坛英语资讯:Palmeiras extend lead at top of Brazils Serie A
国内英语资讯:Some 1,500 Chinese tourists trapped in Saipan to return home Sunday
国际英语资讯:Interview: Britain to be better off after Brexit: House of Cards author
国际英语资讯:Bulgaria, Cyprus at loggerheads over failure of insurance company
国际英语资讯:Ukrainian court extends pre-trial detention of lawmaker Savchenko
国内英语资讯:Chinese embassy slams German newspaper report on Taiwan issue
国际英语资讯:CBOT agricultural futures plunge over weaker export sales
国内英语资讯:China, ASEAN conclude maritime drill
驻阿富汗美军司令称新战略开始奏效
体坛英语资讯:Russian shooter Shamakov win first gold of 2018 Youth Olympics (updated)
国际英语资讯:Russias Northern Fleet to get first Tor-M2DT systems in November
国际英语资讯:22 children, 9 women killed in Saudi-led airstrike on Yemens Hodeidah: Houthi media
Be Grateful to Teachers 感恩老师
体坛英语资讯:Denmarks Grundsoee takes shooting gold in Buenos Aires
不限 |
英语教案 |
英语课件 |
英语试题 |
不限 |
不限 |
上册 |
下册 |
不限 |