1. Large quantities of one good may be needed for compensating small reduction in the other good if a (постоянный) level of (полезности) is (должен поддерживаться).
2. In a free market it (предполагается) that every producer seeks to (максимизировать) profits by selling the product at the highest possible price, and every buyer seeks to (максимизировать полезность) by obtaining the product at the lowest possible price.
3. Consumer demand is not the quantity that the consumers would like to have but the quantity that they want to pay for, (то есть), demand in the economic sense (смысл).
4. Economic system is the (конкретный) way in which the economic activity in a country is organized, such as capitalism or socialism.
5. The model of consumer (расходы) on different goods (зависит от) the level of consumer income.
6. Increases in the quantities demanded typically (изменяются) with different goods as incomes rise.
7. Energy demand will increase at about 3.6 percent (в год) (в) the coming ten years in the USA
11. Выберите правильную форму причастия из предлагаемых в скобках вариантов.
1. Market is an (organizing / organized) group of buyers and sellers of a particular good who are in contact with each other and who know the level of demand and supply so that there is only one price (calling/called) the market price.
2. Changes in prices of the products (producing/produced) with the same resources will change the supply.
3. The economist is interested in factors (affecting/affected) the allocation of resources for producing particular goods.
4. Excess supply is a situation in which, at a certain price, the quantity of a particular product (demanding/demanded) by buyers is less than the quantity (supplying/ supplied) by industry.
5. Improvements in technology may be a factor (leading to / led to) changes in supply
6. At constant prices, an increase in income leads to an (increasing/increased) consumption.
7. Every day in thousands of markets, consumers show which goods they prefer (making/made) practical choices and (spending/spent) money on some particular goods rather than others.
Задание на дом № 2
12. Вставьте в предложения следующие слова и словосочетания в соответствующей форме:
choice, to obtain (2), number, that is, within (2), to maintain, constant, rather than, per (4), provided, to result in, to assume, to choose