首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Cost as a Factor in Supply In a purely competitive market, the supplier of goods and services has no control over the market pri
Cost as a Factor in Supply In a purely competitive market, the supplier of goods and services has no control over the market pri
admin
2009-06-15
54
问题
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 (51) his competitors, he will sell nothing if he charges above the market price and he will sell all if he charges at or (52) the market price. However, in considering the price, he must take the (53) of production into consideration. There are times when he may be willing to sell below his cost. This might happen when prices tumble for (54) he believes will be a short time. However, no business person can (55) to lose money for a prolonged period. He must be constantly (56) 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. (57) mass production has made this true in certain industries and at certain levels of production, (58) logic and practical experiences have shown that costs per unit begin to rise beyond a certain level of production. Some economists (59) to this principle as the law of increasing costs.
The reason costs rise as production goes up is (60) . However, it is easy to recognize that as production goes up, the need for additional factors of production will also grow, (61) competitive bidding in the marketplace for the factors of production. If a producer needs (62) skilled labor to produce more, and none of this labor is unemployed, the producer will have to get (63) from other sources. This can be done by (64) higher wages. Higher bidding would also apply to the other factors of production. We must also recognize that not all labor is equally productive, (65) not all land is equally fertile and not all ore(矿石)is equally rich in the mineral wanted.
选项
A、to
B、at
C、of
D、on
答案
C
解析
转载请注明原文地址:https://www.kaotiyun.com/show/QPUd777K
本试题收录于:
职称英语综合类A级题库职称英语分类
0
职称英语综合类A级
职称英语
相关试题推荐
GrossNationalHappinessInthelastcentury,newtechnologyimprovedthelivesofmanypeopleinmanycountries.However,o
A.thebiggercomputerstationsB.theadvantageC.tenyearsD.informationE.yourpersonalassistantF.fifteenyearsThe"g
A.aTVsetandacomputerB.thecombinationofbroadcastandiPodC.amusethemselvesD.voiceandmusicE.helpstudentsstud
Theeconomiceffectsareeasytosee.Since1978,some43billionjobshavebeenlost,largelytoformsoftechnology—eitherto
AlthoughoriginallyaGermaninnovation,kindergartengotitsrealstartintheUnitedStatesasamovementtoprovideanimprov
BetterSolarEnergySystems:MoreHeat,MoreLightSolarphotovoltaicthermalenergysystems,orPVTs,generatebothheatan
SpellingandWritingThereisapopularbeliefamongparentsthatschoolsarenolongerinterestedinspelling.NoschoolI
Herlifeisbecomingmorediverse.
Herculeswasthetallestmanintheworld.HerculesfinallymanagedtogettheapplesbydefeatingAtlas.
Herlifeisbecomingmorediverse.
随机试题
A、酮色林B、维拉帕米C、瑞米吉仑D、波生坦E、米诺地尔肾素抑制药是
蜀相杜甫丞相祠堂何处寻?锦官城外柏森森。映阶碧草自春色,隔叶黄鹂空好音。三顾频烦天下计,两朝开济老臣心。出师未捷身先死,长使英雄泪满襟!为什么说这首诗在赞美诸葛亮的同时也抒发了自己
下列细胞,用于检验免疫复合物的实验中的是
男,45岁,身高171cm。体重85kg,口服葡萄糖耐量试验血糖结果:空腹6.7mmol/L,1小时9.8mmol/L。2小时7.0mmol/L
护士应当使患者的诊疗利益最大化,这种义务遵循的伦理原则是
根据公司法律制度的规定,下列各项中,属于董事会职权的是()。
北魏孝文帝(471-499年在位)把都城从平城迁到洛阳。在政治、经济、文化等方面进行了一系列的改革内容不包括()
国际理解教育实质是在教育中贯穿()
下列哪一选项不属于社会主义法治理念的理论渊源?()
以下属于金融监管三道防线的是()
最新回复
(
0
)