That is essentially what the economy is all about 14 choices on how to use limited resources of money, manpower, machinery and materials, whether it involves a shopper deciding what to buy in the supermarket or a manufacturer deciding what line of goods to produce.
Choices made in the economy involve a continuous tug of war between consumers and producers over price.
If many businesses are offering a product and there is plenty of it to satisfy the 15 of all consumers, a producer will be forced to sell at a price not far above costs in order to keep from being stuck with a lot of 16 supplies. This is why, for example, the prices of fresh fruits and vegetables 17 drop during the summer months when such produce is in 18
However, a low priceespecially if it falls below what it costs a seller to make the goodswill discourage production, perhaps 19 the high-cost producers out of business or force them to make something else.
Again using an example from agriculture, farmers periodically plant less wheat or raise fewer cattle if the prices for those goods give too 20 return for the costs involved.
A. strive B. little C. abundance D. necessities
E. wealth F. afford G. needs H. normally
I. unmarketable J. making K. unreasonable L. seemingly
M. drive N. selected O. frankly
II. D 12. F 13. L 14. J 15. G 16. I 17. H 18. C 19. M 20. B
Don’t eat in class1课件5
Electricity课件5
Other countries other cultures学案9
Other countries other cultures学案5
Having Fun课件1
八年级英语上学期课后巩固提升练习题4
八年级英语上学期课后巩固提升练习题1
Having Fun课件5
八年级英语上学期能力提升训练题6
Other countries other cultures学案4
Electricity课件1
The meaning of colour学案2
八年级英语上学期课后巩固提升练习题6
八年级英语上学期课后巩固提升练习题3
Having Fun课件3
Don’t eat in class课件1
Don’t eat in class1课件6
八年级英语上学期能力提升训练题3
Having Fun课件2
八年级英语上学期课后巩固提升练习题9
八年级英语上学期能力提升训练题5
八年级英语上学期课后巩固提升练习题12
Witnessing time教案3
八年级英语上学期能力提升训练题4
八年级英语上学期课后巩固提升练习题7
Electricity课件4
Electricity课件2
Having Fun课件4
Electricity课件3
Witnessing time教案2
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