Cost as a Factor in Supply
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
答案: CABCA CDABD BCCAB
SAT阅读填空题答题小技巧
SAT阅读经典题型小结
SAT阅读填空题练习题五道
SAT文章阅读词汇之国家名称(非洲)
提高SAT阅读成绩的根本途径
SAT文章阅读的步骤和技巧
SAT阅读题解题策略
6道SAT阅读填空模拟题
SAT阅读高分技巧两个
SAT填空题要求及备考方法
SAT阅读长难句分析4例
SAT阅读考试备考目标
SAT填空题实例练习7道
SAT完成句子题目解析
两类SAT阅读备考书目
SAT短篇阅读模拟一篇
SAT阅读考试答题方法和顺序
利用词汇特点突破SAT填空题
SAT短篇阅读答题方法推荐
SAT阅读长难句分析5句
SAT阅读考试做题方法一个
SAT填空题答题策略之句子结构
SAT阅读备考重点之掌握时间
SAT阅读小说:UNCLE SILAS系列(1)
三大SAT阅读重点题型解答方法
SAT阅读考试常识之长对比文章特点
SAT阅读备考常见错误一览
SAT填空题题型特点总结
SAT阅读方法之巧解superior
2014年1月SAT填空题高频词汇预测
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |