- •The Interaction of Demand and Supply.Their Influence the Market Prices.
- •1. A. Think about the items youbought during the past twomonths.
- •2.Study key terms and their definitions.
- •3. To make the concept of demand clearer, entitle the following examplesof the main economic concepts concerning it. Answer the questions.
- •4. Match the terms with their definitions.
- •5.While reading the text match the questions to the answers.
- •Why is Demand Important?
- •Vocabulary practice
- •Find in the text English equivalents for the following word combinations. Write your own sentences using them.
- •Give Ukrainian equivalents for the following word combinations.
- •A. The italicized words in the sentences below are found in this unit. Study the sentences. Then identify the part of the speech and write your own definition for the words on the line provided.
- •IV. A. Study the difference between such nouns asamount, number and quantity.
- •In each set of words, cross out the words that does not have a similar meaning to the first. Compare your answers with another student. Discuss why the words are similar.
- •A. Expand your knowledge of non-price determinants of demand. Fill in the missing words in the sentences below. Choose from the box. Translate the sentences into Ukrainian.
- •Write one word in each gap to complete the sentences.
- •A. Read the text. Number the following words with their underlined equivalents in the text.
- •Read the following text. For each gap, choose the best words a, BorC.
- •Understanding main points of the text.
- •A. Which of these statements gives the best summary of the ideas in the text?
- •McMakeover Deluxe
- •B. Which of these statements gives the best summary of the ideas in the text?
- •Netflix, Blockbuster Battle It Out
- •Read the text and be ready to do the following assignments.
- •Scan the next article for the answers to the following questions:
- •Read the text written above. Title it and prepare a brief summary of the text.
IV. A. Study the difference between such nouns asamount, number and quantity.
Іменник amount в значенні сума, кількість чого-небудь вживається, в основному, з незлічуваними іменниками, e.g. amount of work / information / coffee / money. Зізлічуваними іменниками він вживається, тільки коли йдеться про велику загальній суму предметів, що утворюють ціле, e.g. the total amount of goods produced, a maximum / minimum amount of goods, a large amount of potatoes. |
Іменник number в значенні номер служить для розрізнення та підрахунку предметів, e.g.thechequenumber, thebanknotenumber. У значенні кількість, число number вживається зі злічуваними іменниками, e.g. I do not know what the number of pages in this book is. A number of означає ряд, декілька, e.g. a number of goods / producers. Після такого словосполучення дієслово стоїть у множині: A number of tests were made by the consumer society last month. |
Іменник quantity вживається як зі злічуваними, так і з незлічуваними іменниками, e.g.asmallquantityofgas, alargequantityofgoods. На відміну від number іменник quantity означає вагу і об'єм, а не чисельну кількість. Він не вживається з такими іменниками, кількість яких не може бути виражене у вазі або об'ємі, наприклад: consumer, factory. |
B. Translate Ukrainian words in the following sentences into English.
1. Last year there was an increase in the (кількості) of gas produced.
2. (Число) of sellers in the market has decreased.
3. Almost the same (кількість) of coffee was exported last year as the previous year.
4. When there is shortage, sellers can charge (призначати) the maximum (суму) for their goods.
5. They supply the same (кількість) of the commodity to this customer every week.
6. The (сума) he puts in the bank every month is the same.
7. (Число) of their customers has increased this month.
8. It is cheaper to buy goods in large (кількостях).
9. This big store has (ряд) suppliers.
10. The economist calculated the total (суму) of the expenditures.
11. There is a shortage of the (кількості) demanded of the goods.
12. Write down the banknote (номера) you paid him for his services.
In each set of words, cross out the words that does not have a similar meaning to the first. Compare your answers with another student. Discuss why the words are similar.
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to involve
to comprise
to make up
to prevail
to change
to store
to alter
to shift
to remain stable
to stabilize
to level off
to fluctuate
to cause
to occur
to lead to
to bring about
to go down
to decline
to grow
to decrease
to increase
to rise
to soar
to slump
to buy
to purchase
to sell
to make a purchase
consumer
customer
bargainor
purchaser
to react
to response to
to elicit a response
to inquire
expenditures
earnings
spendings
expenses
to determine
to estimate
to designate
to count
to summarize
to remain
to resume
to sum up
revenues
gainings
costs
proceeds
important
essential
significant
moderate
to run a business
to conduct a business
to introduce a business
to carry on business
sensitive
sensible
susceptible
steady