Ex. 4. Make up sentences with the jumbled words

1. have to / their products / charge / businesses / the market price / for.

2. is relevant / of / services / and / the law / to all goods / demand / services.

3. are bought / together / that / often / and / products / consumed/ /are / complements

4. in demand / result / of / the decrease / will / in / a market price / decrease

Ex. 5. Match the synonyms:

to purchase different

various on the contrary

to state to raise

conversly readiness

spending to declare

to increase to go down

to decrease expenditure

willingness to buy

Ex. 6. Find the words in the text to complete the following expressions.

demand is a consumer’s _____________________________

to charge ________________________________________

particular _________________________________________

the fifth ice-cream will make you ______________________

diminishing _______________________________________

all else ___________________________________________

consumer’s tastes or ________________________________

a successful advertising _____________________________

complements and __________________________________

Ex. 7. Translate into Russian.

1. The bigger the firm, the greater the opportunity for each worker.

2. The greater the output in previous period, the greater the firm’s experience.

3. The smaller the number of suppliers, the more control they can exercise over prices.

4. The lower the price, the fewer new firms will enter the market.

5. The more independent are the firms in an industry, the greater the competition.

6. The greater the risk associated with any financial decision, the greater the return expected

from it.

COMPREHENSION