2008年职称英语考试重点分析(十六)
文章作者 100test 发表时间 2008:04:19 12:51:44
来源 100Test.Com百考试题网
第四篇 Perfect Competition
Perfect competition exists in an industry that contains many relatively samll firms producing identical products.The most importhant characteristic(特征) of a perfectly competitive industry if that no single firm has any control over prices.This important characteristic follows from two assumptions(假设).First, a competitive industry is composed of many firms, each being very samll relative to the size of the industry .S***nd ,every firm in a perfectly competitive industry producse exactly the same product.
Firms in perfectly competitive industries do not differentiate(区分) their products, nor do they make decisions about price.Rather,each firm takes prices as given-that is ,as determined in the market by the laws of supply and demand -and decides olny how much to produce and how to produce it.Given the availability(可得性) of perfect substitutes, any product priced over the market price will not be sold .
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