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Вопрос № 1078085 - Английский язык

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Perfect Competition and Monopoly
1. Economists recognize two main types of markets: perfect competition and monopoly. Perfect competition requires that the product of any seller be the same as the product of any other seller, that no buyer or seller be able to influence the price of the product, and that resources be able to switch readily from one use to another. Four conditions define the existence of a perfectly competitive market: 1) Firms sell a standardized product. In a perfectly competitive market, the product sold by one firm is assumed to be a perfect substitute for the other product sold by any other. 2) Firms are price takers. This means that the individual firm treats the market price of the product as given. 3) Factors of production are perfectly mobile in the long run. 4) Firms and consumers have perfect information. A firm has no reason to leave its current industry if it has no way of knowing about existence of more profitable opportunities elsewhere. Similarly, a consumer has no motive to switch from a high-priced product to a lower-priced one of identical quality unless he has information about the existence of the latter. Price and output under perfect competition are determined by the intersection of the market supply and demand curves. In the market period, supply is fixed. Thus, price is determined by demand alone.
2. A pure monopoly is a market with only one seller. Monopolies may occur because of patents, control over basic inputs, and government actions. The key feature that differentiates the monopoly from the competitive firm is the price elasticity of demand facing the firm. In the case of the perfectly competitive firm price elasticity is infinite. If a competitive firm raises its price slightly it will lose all its sales. A monopoly, by contrast, has significant control over the prices it changes.
3. The output of a perfectly competitive industry tends to be greater and the price tends to be lower than under monopoly. One way that society has attempted to reduce the harmful effects of monopoly is through public regulation.
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Pure monopoly is a situation in which …
Варианты ответов
  • a competitive firm can raise its price slightly
  • firms have significant control over prices
  • one firm controls the entire market for a product
  • different firms sell a standardized product
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Вопрос задал(а): Анонимный пользователь, 13 Ноябрь 2020 в 19:24
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Вопрос № 1078073

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Perfect Competition and Monopoly
1. Economists recognize two main types of markets: perfect competition and monopoly. Perfect competition requires that the product of any seller be the same as the product of any other seller, that no buyer or seller be able to influence the price of the product, and that resources be able to switch readily from one use to another. Four conditions define the existence of a perfectly competitive market: 1) Firms sell a standardized product. In a perfectly competitive market, the product sold by one firm is assumed to be a perfect substitute for the other product sold by any other. 2) Firms are price takers. This means that the individual firm treats the market price of the product as given. 3) Factors of production are perfectly mobile in the long run. 4) Firms and consumers have perfect information. A firm has no reason to leave its current industry if it has no way of knowing about existence of more profitable opportunities elsewhere. Similarly, a consumer has no motive to switch from a high-priced product to a lower-priced one of identical quality unless he has information about the existence of the latter. Price and output under perfect competition are determined by the intersection of the market supply and demand curves. In the market period, supply is fixed. Thus, price is determined by demand alone.
2. A pure monopoly is a market with only one seller. Monopolies may occur because of patents, control over basic inputs, and government actions. The key feature that differentiates the monopoly from the competitive firm is the price elasticity of demand facing the firm. In the case of the perfectly competitive firm price elasticity is infinite. If a competitive firm raises its price slightly it will lose all its sales. A monopoly, by contrast, has significant control over the prices it changes.
3. The output of a perfectly competitive industry tends to be greater and the price tends to be lower than under monopoly. One way that society has attempted to reduce the harmful effects of monopoly is through public regulation.
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What is the main advantage of perfect competition over monopoly?
The harmful effects of monopoly are reduced.
Firms get significant control over prices.
There is no need in public regulations.
In the long run, perfectly competitive markets are productively efficient.

Вопрос № 1078067

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Perfect Competition and Monopoly
1. Economists recognize two main types of markets: perfect competition and monopoly. Perfect competition requires that the product of any seller be the same as the product of any other seller, that no buyer or seller be able to influence the price of the product, and that resources be able to switch readily from one use to another. Four conditions define the existence of a perfectly competitive market: 1) Firms sell a standardized product. In a perfectly competitive market, the product sold by one firm is assumed to be a perfect substitute for the other product sold by any other. 2) Firms are price takers. This means that the individual firm treats the market price of the product as given. 3) Factors of production are perfectly mobile in the long run. 4) Firms and consumers have perfect information. A firm has no reason to leave its current industry if it has no way of knowing about existence of more profitable opportunities elsewhere. Similarly, a consumer has no motive to switch from a high-priced product to a lower-priced one of identical quality unless he has information about the existence of the latter. Price and output under perfect competition are determined by the intersection of the market supply and demand curves. In the market period, supply is fixed. Thus, price is determined by demand alone.
2. A pure monopoly is a market with only one seller. Monopolies may occur because of patents, control over basic inputs, and government actions. The key feature that differentiates the monopoly from the competitive firm is the price elasticity of demand facing the firm. In the case of the perfectly competitive firm price elasticity is infinite. If a competitive firm raises its price slightly it will lose all its sales. A monopoly, by contrast, has significant control over the prices it changes.
3. The output of a perfectly competitive industry tends to be greater and the price tends to be lower than under monopoly. One way that society has attempted to reduce the harmful effects of monopoly is through public regulation.
Содержанию текста соответствует утверждение …
Under Perfect Competition sellers do not have to offer identical products.
In a perfectly competitive market, firms are price makers.
Under Perfect Competition prices are determined by market participants.
The term Perfect Competition describes markets such that no participants are large enough to have the market power to set the price of a homogeneous product.

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Вопрос № 1078086

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New Civil Code Keeps State Out of Inheritance Coffers
1. The state will no longer inherit the property of almost every second Russian citizen as it has in years past after an inheritance law went into effect broadly expanding the number of relatives recognized as heirs.
2. The law, part of a new Civil Code, permits not only direct relatives – grandparents, parents and children – to claim the property of the deceased, but also cousins and their direct relatives. The law also permits a Russian to leave his possessions to legal entities, local and federal agencies and even foreign organizations and governments.
3. Belongings will only go to the state if no one makes a claim within six months of the owner's death. Earlier, the state inherited property in about one in every two deaths. The new inheritance rules will encourage Russians to write wills – a practice that remains rare – and will finally provide the courts with detailed guidance to deal with inheritance lawsuits.
4. Under the new law, a will can now be written outside of a notary’s office and then delivered there in a sealed envelope by the benefactor to be opened after his or her death. Registration of a will with the public notary currently costs 100-170 rubles ($3 to $6). Where notaries are unavailable, a will is legally binding if signed by two witnesses.
Содержанию текста соответствует утверждение …
According to a new Civil Code the state can inherit the property of the deceased if it is not claimed by direct relatives.
The new inheritance law narrowed the number of relatives recognized as heirs that is direct relatives.
According to a new Civil Code a will can be only written in the notary’s office and signed by two witnesses.
A new Civil Code permits Russian citizens to leave their belongings to both Russian and foreign organizations.

Вопрос № 1078087

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Investigation in Russia
1. The investigator and the court base their conclusions concerning the guilt of the accused upon the verification and assessment of the evidence. Evidence in a criminal case is facts, on the basis of which the investigating authorities and the court establish, in accordance with the law, the existence or absence of a socially dangerous act, the guilt of the person committing the act, and other circumstances of importance in making a correct decision in the case.
2. The investigator, the police, the prosecutor and the court establish the facts in the case from the testimony of witnesses, the injured parties, suspects, accused, the opinions of experts, exhibits, the records of the investigation and court proceedings, and other documents.
3. The investigator, having received information that a crime has been committed, inquires as to the persons who may be of help to him in establishing the circumstances of the case, and summons them as witnesses. To obtain exhibits the investigator inspects the scene of the crime and makes searches and seizures. He requests written documents from state establishments and persons in office.
4. The collection of evidence before the trial is performed in the preliminary investigation. In more complicated cases the investigation is carried out by investigators, and otherwise by the police. To obtain evidence, the investigator takes steps to find eye-witnesses of the crime. Upon receiving the summons, a witness must appear before the investigator or in court. If he fails to appear without good reason, he may be forced to by the police and is criminally responsible for failure to appear.
Содержанию текста соответствует утверждение …
The investigation is carried out by the court.
The collection of evidence is made during the court trial.
Witnesses establish the facts of the case in court.
Evidence helps the court to make a correct decision.

Вопрос № 1078088

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Capital Punishment
1. The ultimate penalty is death (capital punishment). Although most countries still have a death penalty, 62 (including almost every European nation) have abolished it; 18 retain it only for exceptional crimes such as wartime offences; and 27 no longer carry out executions even when a death sentence has been passed. In other words, almost half the countries of the world have ceased to use the death penalty.
2. Supporters of capital punishment believe that death is a just punishment for certain serious crimes. Many also believe that it deters others from committing such crimes. Opponents argue that execution is cruel and uncivilized. Capital punishment involves not only the pain of dying but also the mental anguish of waiting, sometimes for years, to know if and when the sentence will be carried out. Opponents also argue that there is no evidence that it deters people from committing murder any more than imprisonment does. A further argument is that, should a mistake be made, it is too late to rectify it once the execution has taken place.
3. As the debate about capital punishment continues, the phenomenon of death row (people sentenced but still alive) increases. The debate also involves the question of what punishment is for. Is the main aim to deter? This was certainly the case in the 18th century England when the penalty for theft was supposed to frighten people from stealing and compensate for inabilities to detect and catch thieves. Is it revenge or retribution? Is it to keep criminals out of society? Or is it to reform and rehabilitate them?
Содержанию текста соответствует утверждение …
The debate about the death penalty decreased the phenomenon of death row.
Plastic materials offer few properties for construction designs.
A death penalty was abolished in eighteen countries.
Some people consider a death penalty a deterrent against serious crimes.

Вопрос № 1078089

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The House of Commons
1. The House of Commons, the centre of parliamentary power, is directly responsible to the electorate. From the 20lh century the House of Lords has recognised the supremacy of the elected chamber. The House of Commons is traditionally regarded as the lower house, but it is the main parliamentary arena for political battle. A Government can only remain in office for as long as it has the support of a majority in the House of Commons.
2. New legislation usually starts in this House which has primacy over the non-elected House of Lords. «Money bills», concerned solely with taxation and public expenditure, are always introduced in the Commons and must be passed by the Lords promptly and without amendment. When the two houses disagree on a non-money bill, the elected chamber prevails.
3. A Member of Parliament (MP) is elected by a particular area or constituency in Britain to represent them in the House of Commons. MPs have many duties that involve them in different activities. A lot of MPs’ work has nothing to do with voting in Parliament. MPs are there to help people and to try to make sure their rights under the law are not violated. Some MPs hold an advice bureau in their constituencies, where people can go for help and recommendation.
4. The presiding officer in the House of Commons is the Speaker. He is responsible for ensuring that the rules laid down by the House for the carrying out of its business are observed. He acts as the House's representative in its relations with outside bodies and the other elements of Parliament such as the Lords and the Monarch. The Speaker is elected by MPs in the House of Commons but then ceases to be involved in party politics. Even after retirement a former Speaker shall not take part in political issues.
Содержанию текста соответствует утверждение …
The Lords have the right to amend «money bills».
The House of Lords has the primacy over the House of Commons.
Some MPs have advice bureaus in Parliament.
On being elected the Speaker deserts the party.
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