Додати в закладки
Переклад
Translate
 Вхід в УЧАН Анонімний форум з обміну зображеннями і жартами. |
|
|
Скачати одним файлом. Книга: Англійська для економістів - Гаращенко
11 Market, 12 Monopolies, 13 Elasticity of supply and demand, 14 Utility, 15 Price
In a free market, competition takes place among sellers of the same commodity, and among those who wish to buy that commodity. Such competition influences the prices prevailing in the market. Prices inevitably fluctuate, and such fluctuations are also affected by current supply and demand.
Whenever people who are willing to sell a commodity contact people who are willing to buy it, a market for that commodity is created. Buyers and sellers may meet in person, or they may communicate in some other way: by telephone or through their agents. In a perfect market, communications are easy, buyers and sellers are numerous and competition is completely free. In a perfect market there can be only one price for any given commodity: the lowest price which sellers will accept and the highest which consumers will pay. There are, however, no really perfect markets, and each commodity market is subject to special conditions. It can be said, however, that the price ruling in a market indicates the point where supply and demand meet.
Vocabularyextension – поширення, продовження
ancient – давній, древній
various commodities – різноманітні товари
fixed geographical location – фіксоване географічне розміщення
a set of conditions – набір умов
to permit – дозволяти
to prevail – переважати
inevitably – неминуче
in person – особисто
a perfect market – досконалий ринок
I. Complete the sentences using the text.1. The term “market is an … .
2. Markets such as the world sugar market the gold market and the cotton market do not … .
3. In a free market competition takes place … .
4. Buyers and sellers may meet … .
5. In a perfect market there can be only … .
6. The price ruling in a market indicates … .
II. Say whether these statements are true or false and if they are false, say why.1. The term market is an extension of the ancient idea of a place where people gather to buy and sell goods.
2. Today the world sugar market has a fixed geographical location.
3. In a free market competition takes place among sellers of the same community.
4. Buyers and sellers can communicate only by telephone.
5. In a perfect market competition is completely free.
6. There are no really perfect markets.
7. The price ruling in a market indicates the point where supply and demand meet.
III. Answer the questions, basing your answers on the text:
1. What does the term “market” mean?
2. How can you define the present world sugar market the gold market and the cotton market?
3. In what market does competition influence the prices?
4. When is a market created?
5. In what way can buyers and sellers communicate?
6. How can you define a perfect market?
7. What does the price ruling in a market indicate?
Книга: Англійська для економістів - Гаращенко
ЗМІСТ
На попередню
|
|
