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
The market for manufactured goods is what economists call "imperfect," because each company has its own style, its own reputatio
The market for manufactured goods is what economists call "imperfect," because each company has its own style, its own reputatio
admin
2011-02-26
58
问题
The market for manufactured goods is what economists call "imperfect," because each company has its own style, its own reputation, and its own locations; and all of the arts of advertisement and salesmanship are devoted to making it even more imperfect by attracting buyers to particular brand names. Even small businesses that depend upon outside channels of retail distribution may have the final say in what prices they will charge, and great corporations can differentiate their goods in order to create demand of them.
In this type of market, supply normally is very elastic--that is responsive to demand--in the short run. Stocks or inventories are held at some point in the chain of distribution; while stocks are running down or building up, there is time to change the level of production, and once a price has been set, it is rarely altered in response to moderate changes in demand. Even in a deep slump, defensive rings may be formed to prevent price cutting.
In the long run, as well as in the short, supply is responsive to demand in the market for manufactures. It is easier to change the composition of a firm’s output than it is to change the production of a mine or a plantation. And when changes in demand are not too rapid, gross profits from one plant can be siphoned off and invested in something quite different. When business is good, moreover, there is continual new investment so that productive capacity is adapted to meeting changing requirements. Workers themselves may not even be aware of changes in the final commodities to which their work contributes, and the level of wages for any grade of factory labour is very little affected by the fortunes of a particular market.
The proper title for this passage should be ______.
选项
A、Markets for Manufactures
B、Imperfect Markets
C、Supply and Demand
D、Great Corporation and Small Businesses
答案
A
解析
转载请注明原文地址:https://kaotiyun.com/show/7CBO777K
0
考博英语
相关试题推荐
●Youaregoingtoattendapressconferenceonthenewproducts.●WriteanotetoMr.Smith,theResearchandDevelopmentMana
•YouarepersonalassistanttothepresidentofanAmericantradingcompany,DNLInternational.Thepresidentleavesyouamem
•ReadthispartofaletterfromJohnBiggs,whoisthepresidentofabusinessclub.AsPresidentoftheCliftonBusinessC
Althoughemployeenumbersinbothcountriesincreasedoverthethreeyears,thereweretwiceasmanyemployeesinGermanyasin
•Lookatthelistbelow.Itshowssomeofnon-fictioncategories.•Forquestions6-10,decidewhichsection(A-H)ofthecat
•Readthearticlebelowaboutteam-building.•Choosethecorrectwordtofilleachgap,fromA,BorConthenextpage.•For
Readthearticlebelowfromacompany’sstaffmagazine,aboutarecenttrainingcourse.Foreachquestion(23-28)ontheopposite
Duringtheperiodofeconomicrecession,dailynecessitieswereinshortsupplyandhadtobe______.
Thegreatadvanceinrockettheory40yearsagoshowedthatliquid-fuelrocketswerefarsuperiorineveryrespecttotheskyroc
Such______asself-respectandindustriousnessmeritthefullbackingofanemployer.
随机试题
线隙式过滤器的过滤精度低于网式过滤器。()
Itisn’tcoldenoughforthere______aforesttonight,soIcanleaveJim’scaroutquitesafely.
下列蛲虫病的实验诊断方法哪项是错误的
自行辩护
依据施工合同示范文本规定,索赔事件发生后的28天内,承包人应向工程师递交( )。
如果企业速动比率很小,说明企业()。
财务评价是根据国家现行财税制度和价格体系分析计算项目直接发生的(),考察项目的盈利能力、清偿能力和外汇平衡能力等财务状况,据以判断项目财务可行性。
课外活动的基本特点是灵活性、自愿性和()。
2012年2月1日,新世纪以来指导“三农”工作的第9个中央一号文件()由新华社授权发布。
A——PassportB——Airline.C——FlightD——ConveyorbeltE——Check-incounterF——LoadingareaG——Claim
最新回复
(
0
)