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Читайте также: |
| manufacture (v) | manufacturer, manufacturing, manufactured |
| relate (v) | relation, relationship, relative, relatively |
| vary (v) | variety, various |
| consume (v) | consumer, consumption |
| govern (v) | governor, government, governing |
| own (v) | owner, ownership, ownerless |
| supply (v) | supply (n) |
| demand (v) | demand (n) |
1. The quantity of products that manufacturers or owners are willing to sell at
different prices at a specific time is called ….
2. The … of supply, demand and the quantity of the products in the market the
economists show on a graph.
3. Your income allows you to enjoy … goods and services.
4. Thus, in a market economy it is the … who decide what is to be produced.
5. In the UK the … takes nearly 40 percent of national income in taxes.
6. In a true market economy the system is based on private enterprise, with
private … of the means of production.
7. The interaction between the supply and … determines the market price in the
long run.
Ex. 6. Open the brackets using the Present Simple Active or Passive of the
Verb
1. Supply (to refer) to the quantity of products that manufacturers are willing to
sell.
2. The quantity of a particular commodity (to make) available to consumers.
3. Supply (to say) to be "elastic".
4. Demand (to indicate) by our willingness to offer money for particular goods
or services.
5. Supply (to equal) demand if nothing interferes with market forces.
8. Market price (to determine) by supply and demand.
Ex. 7. Agree or disagree with the statements
1.The amount of goods supplied will decrease as the price increases.
2. Such lines as supply curve and demand curve are usually straight.
3. Supply is said to be "elastic" because it can be increased or decreased rapidly
in response to market prices.
4. The quantity of goods demanded will increase as the price increases.
5. Demand is always inelastic.
Ex. 8. Translate into English
1. Спрос на некоторые товары первой необходимости неэластичен.
К этим товарам относятся продукты питания, медицинские расходы,
одежда и т.д.
2. Предложение товара эластично, поскольку оно быстро снижается либо
увеличивается с изменением рыночных цен.
3. Когда люди осуществляют свой выбор при покупке товаров, они
делают это в соответствии со шкалой личных предпочтений.
4. Спрос на товары первой необходимости неэластичен, поэтому мы
покупаем названные товары, даже если цены на них чрезмерно
выросли.
5. Когда спрос и предложение одинаковы, такое положение называется
точкой равновесия, что образует рыночную цену. Таким образом,
рыночная цена определяется спросом и предложением.
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| Equilibrium Point | | | Ex. 9. Answer the questions |