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Complete the sentences with words from the text.(Дополните предложения словами из текста.)
1. The interaction of supply and ___________ determines what is produced and the quantity.
2. Customers prefer buying products with a low __________.
3. FIAT is an Italian car ___________.
4. Banking is a type of ________.
5. __________ is when sellers try to be more successful than others in a market.
6. Every company wants to have a ____________from its sales.
текст ниже
A market is where people buy and sell. The people who sell are called sellers - also producers or manufacturers - they make and provide what the market needs. The people who buy are called buyers - also customers – they use what they buy from sellers. But what is bought and sold in a market? Goods and services. Goods are physical objects like computers, mobile phones, shoes, spaghetti. Services are non-physical objects like banking, transport, concerts, advertising. Of course the quantity and type of goods and services produced interacts with the quantity and type of goods and services the market demands. This is called the law of supply and demand. The supply is the quantity of goods or services that producers put in the market. Demand is the amount of goods and services that buyers will buy. Producers make what consumers require because they don't want to produce something that nobody wants to buy. This law is the driving force of any market. But what influences a customer's choice of what product to buy and in what quantity? One of the most important factors that determines this choice is the price. In general, people buy more when the price is low and buy less when it is high. This can create competition in the market between different sellers of the same product who want to win as many customers as possible, so they must beat competitors but, at the same time, they must make a profit.
Answers & Comments
Ответ:
1. The interaction of supply and demand determines what is produced and the quantity.
2. Customers prefer buying products with a low price.
3. FIAT is an Italian car producer.
4. Banking is a type of service.
5. Competition is when sellers try to be more successful than others in a market.
6. Every company wants to have a profit from its sales.
Объяснение:
1 Взаимодействие предложения и спроса определяет, что производится и в каких количествах.
2 Покупатели предпочитают покупать продукцию с низкой ценой.
3 "Фиат" - итальянский производитель автомобилей.
4 Банковская деятельность - вид услуг.
5 Конкуренция - это когда продавцы пытаются быть успешнее, чем другие на рынке.
6 Каждая компания хочет иметь доход / прибыль от продаж.