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Англійська мова_Кунатенко.doc
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Comments

1. to come about — з’являтися

2. ... adjust their consumption and production accordingly — ... таким чином регулюють споживання і виробництво

3. before long — потім

4. market equilibrium — ринкова рівновага (ринковий еквілібріум)

5. a surplus — залишок

6. a shortage — нестача

Vocabulary exercises

I. Give the verbs from which the following nouns are derived:

buyer, producer, consumer, competitor, supplier, accountant, monopolist, worker, employer, supervisor, manager, economist, financier, executive, leader, importer, exporter, seller.

II. Find equvalents:

1. to determine a value

2. market economy

3. price system

4. low prices

5. adjustment process

6. market equilibrium

7. high prices

8. to come about

9. for this reason

10. free enterprise

11. competition

12. new level of prices

13. affect the prices

14. relatively stable

а. низькі ціни

б. високі ціни

в. ринкова економіка

г. ринкова рівновага

д. з цієї причини

е. визначати вартість

є. цінова система

ж. процес регулювання

з. відносно стабільний

и. конкуренція

і. новий рівень цін

ї. вільне підприємництво

й. впливати на ціни

к. з’являтися

III. Memorize the following word-combinations.

Use them in the sentences of your own:

at a price /at a high cost — за високою ціною

contract price — договірна ціна

cost price — собівартість

free-market price — ціна за умов вільної конкуренції

price control — контроль над цінами

price level — рівень цін

prices and incomes policy — політика цін і доходів

pricingкалькуляція цін

purchase price — купівельна ціна

retail/wholesale price — роздрібна/оптова ціна

security price — курс цінних паперів

share/stock prices — курс акцій, біржовий курс

to keep the prices down — не допускати підвищення цін

to set/fix a price — призначати ціну

IV. Translate the sentences paying attention to the italicized words:

1. He sold the house at a good price. 2. It must be done at any price. 3. You can’t put a price on that sort of loyalty. 4. This restaurant is a bit pricey for me. 5. The government usually sets prices for public utility services. 6. Ask the builder to give you a price for the work. 7. I can’t afford it at that price. 8. Fresh strawberries are now available at a price. 9. The price of cigarettes is set to rise again. 10. These goods are priced too high. 11. What price all your promises now? 12. You look absolutaly priceless in that hat. 13. Supply and demand determine prices in a market economy. 14. In a free market price is determined by the market forces of demand and supply.

V. Fill in the blanks with prepositions or adverbs if necessary:

1. Prices play an important role ... all economic markets. 2. Prices act as signals ... a market economy. 3. A high price is a signal ... producers to produce ... and ... buyers to buy ... . 4. Prices serve as a link ... producers and consumers. 5. Prices favour neither ... the producer nor ... consumer. 6. Prices come ... as a result ... competition ... buyers and sellers. 7. The price system ... a market economy is flexible. 8. Unforseen events can affect ... the prices ... some ... items. 9. The sellers come ... the market hoping ... high prices. 10. Market equilibrium is a situation where prices are stable and there is neither ... a surplus nor a shortage ... the market.