3. Поле ввода

а) Вставьте нужный предлог: 1. from; 2. in, in; 3. through; 4. as, 5. at;

6. from.

1. Some markets operate … intermediaries.

2. People get sick … eating too much chocolate.

3. Supply is the quantity of a good sellers wish to sell … each conceivable price.

4. The economist's definition of perfect competition is different … the meaning of competition in everyday usage.

5. Suppliers always wish to sell … the market with the highest price but consumers always wish to purchase … the market with the lowest price.

6. Ford or Renault are regarded … price-takers.

b) Вставьте подходящий глагол с послелогом:

a) to close down c) to cut across e) to drive up

b) to prop up d) not to rule out

1. Microeconomics … a detailed treatment of individual decisions about particular commodities.

2. Some existing firms in the industry can … the market price.

3. When firms in a competitive industry are losing money, some of them will ….

4. One economic laws … another ones.

5. The Largent oil producer refused to … that level of prices any longer.

c) Вставьте подходящее по смыслу слово или словосочетание

a) a flat or horizontal demand curve c) the behaviour of buyers and sellers

b) the quantity demanded d) the equilibrium price

e) a market

1. The structure of a market is a description of … in that market.

2. Changes in market conditionschange … and hence individual quantities demanded.

3. … is a set of arrangements by which buyers and sellers are in contact to exchange goods or services.

4. Firms in a perfectly competitive industry face ….

5. Other things equal, the lower the price of a good or service, the higher ….

d) Соедините соответствующие части предложений

1. The structure of a market is a description of	a) to avoid competition with one another.
2. When a commodity is internationally traded	b) fulfills the requirements of conspicuous consumption.
3. Collusion is an explicit or implicit agreement between existing firms	c) they mean the quantity demanded exceeds the quantity supplied at this price.
4. The higher the prices are, the more the use of such commodities	d) the behaviour of buyers and sellers in that market.
5. When economists say there is excess demand	e) its price in one country cannot be independent of its price in another country.

4. Найдите область на рисунке

a) MARSHALL'S CROSS

a) Where is the demand curve on the graph? Mark it with figure 1.

b) Where is the supply curve on the graph? Mark it with figure 2.

c) Where is the point of equilibrium on the graph? Mark it with figure 3.

d) Where is the equilibrium quantity on the graph? Mark it with figure 4.

e) Where is the equilibrium price on the graph? Mark it with figure 5.

b) DEMAND CURVE

a) Where is the quantity axis on the graph? Mark it with figure 1.

b) Where is the price axis on the graph? Mark it with figure 2.

c) Point to the position of the demand curve at a lower price. Mark it with figure 3.

d) Point to the position of the demand curve at a lower quantity. Mark it with figure