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  3. Prices determine how resources are to be used. They are also the means by which products and services that are in limited supply

Prices determine how resources are to be used. They are also the means by which products and services that are in limited supply

admin2010-06-30  61
问题      Prices determine how resources are to be used. They are also the means by which products and services that are in limited supply are rationed among buyers. The price system of the United States is a very complex net work composed of the prices of all the products bought and sold in the economy as well as those of a great number of services, including labour, professions, transportation, and public-utility services. The interrelationship of all these prices makes the "system" of prices. The price of any particular product or service is linked to a broad, complicated system of prices in which everything seems to depend more or less upon everything else.
     If one were to ask a group of randomly selected individuals to define "price", many would reply that price is an amount paid by the buyer to the seller of a product or service, or the money value of a product or service as agreed upon in market transaction. This definition is, of course, valid as for it goes. For a complete understanding of a price in any particular transaction, much more than the money involved must be known. Both the buyer and seller should be familiar with not only the money amount, but with the amount and quality of the product or service to be exchanged, the time and place at which the exchange will take place and payment will be made, the form of money to be used, the credit terms and discounts that apply to the transaction, guarantees on the product or service, delivery terms, return privilege, and other factors. In other words both the buyers and sellers should be fully aware of all the factors that compose the total "package" being exchanged for the asker for amount of money in order that they may evaluate a given price.
According to the passage, which of the following is NOT a factor in the complete understanding of price?
选项 A、The quality of a product.
B、Warranties that cover a product.
C、The quantity of a product.
D、Instructions that come with a product.
答案D
解析 细节题。本文第二段第三、四句详细介绍了弄清某一交易的价格必须考虑的因素，包括产品的数量与质量，交货的时间、地点、付款方式、服务保障等。只有D不包括在内。
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