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Ex. 9. Study the different meanings of the following words and use them to translate the




sentences:

 

1. supply (n) 1. , , ,

2.

supplier -

 

supply (v) - , , , ,

to be in supply - ( )

to be in short supply - , ,

 

1. The office will supply all necessary information.

2. Oil is in short supply.

3. Supply meets the demand.

4. Supply is elastic if it can be increased or decreased rapidly in response to market price.

5. The Seller guarantees that the equipment supplied is manufactured in full conformity () with the description given in the technical documentation.

6. The suppliers havent effected delivery.

7. We can supply the goods from our main store.

 

2. cost (n ) 1. ,

2.

 

cost (v) 1.

2. ,

unit cost -

below cost -

cost of living -

costs of production ,

at the cost of - ; -

at ones cost - -

 

1. It cost him a lot of money.

2. What will it cost to have it repaired?

3. If they reduce costs in manufacturing, that will put them in a strong position to adapt () to the market.

4. We can slowly increase production and it will eventually enable us to cut unit costs.

5. Expenses are the costs of operating the business.

 

Ex. 10. Translate the words and phrases given in brackets.

1. The higher price, the greater ( ) to produce and sell the product. 2. An increase in ( ) will lead to increase in (). 3. Most () can make more than one product. 4. Shits in demand or supply will affect ( ). 5. Sometimes produces increase their ( ) now to be in position ( ) later. 6. At the ( ) of a good, there can be neither (), nor () in the market.

Ex. 11. Fill in the gaps with prepositions.

1. The law _____supply describes a relationship _____________the price ______a good or service and how much sellers will offer ______ sale ______a specified time. 2. A change____ supply is a change ______the relationship ____________the price_____a good and the quantity supplied _____response______ the changes ______economic conditions. 3. ____the market equilibrium price_____a good, there can be_____________surpluses, ______shortages _____ the market.

Ex. 12. Give the English equivalents to the following words and phrases. Recollect the

Sentences of the text where they were used.

 

________________________________________

__________________________________________________

____________________________________________

______________________________________

_____________________________________

______________________________________________

____________________________________________

___________________________________________________________

___________________________________________________________

. _________________________

 

Ex. 13. What are the synonyms from the text of the words in italics?

1. At lower prices less will be produced and provided.

2. the number of a product

3. to make a benefit

4. the prices increase of decrease

5. the greater the motive

6. The changes that can influence the quantities...

7. producers may lower production

8. A deficit exists in a market...

9. the quantity supplied is greater than the quantity demanded

 

Ex.14. To show that you understand given words, choose the best word to complete the

Sentences given below.

Producer a person or business enterprise that generates goods or services for sale.

Product something produced by effort, or some mechanical or industrial process.

Production the process by which goods and services are made or prepared for sale and use.

Productive -creative, efficient.

Productivity is the ability to produce goods and services. Productivity increases when a large amount of goods or services is produced by using the same amount of resources.

 

1. The publishing houses new ______________ is a colour daily newspaper.

2. The plant _________________a new model of car every spring.

3. The __________________ of this worker has gone down over the last 5 years.

4. 486 computer is not as ________________ as Pentium III.

5. The _____________________ of computers make huge investments in their industries.

6. The Board of Governors of State of New York has come to a decision to decrease the ________________ of cheap products.





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