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
索马里海盗
车日的倡议
诞节祝福英语大全(双语)2
爱国电影台词英语译句
如何写出英语作文得分的“亮点”1
弗洛伊德案引发民愤 美国多地爆发抗议活动
考英语作文精彩短语150条 1
国际英语资讯:Turkey inaugurates new hospital for COVID-19 patients in Istanbul
每日一词∣中欧班列 China
体坛英语资讯:Changchun Zhuoyue complete Yunnan training
典英文谚语30句 (上)
典英文谚语30句 (下)
语咨询热线
喜欢所学的专业怎么办?
国内英语资讯:China provides medical supplies to Jordan against COVID-19
国际英语资讯:Protests over killing of African American held in Dublin
国际英语资讯:Military units respond firmly to terrorist attacks in Mozambique: president
造低级句型 让你的英语靓起来
马里海盗
国内英语资讯:Xi Focus: Xis article on building moderately prosperous society in all respects to be publ
国内英语资讯:China sends two satellites into planned orbit
国际英语资讯:1st LD Writethru: India expels 2 officials of Pakistan High Commission on charges of espiona
注留守儿童
New Year's Day(元旦)
王爷上天的日子
稿启事
日本游乐园协会发布疫情新规:不许尖叫
选修课有必要吗?
9新年元旦英文祝福短信大全
子学院简介
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |