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Slide bài giảng tiếng anh chuyên ngành kinh tế unit 14 supply
Unit 14 SUPPLY Reading Comprehension Q1 How many meanings of the term “supply” does the author mention in this passage? What are they? Reading Comprehension Q1 How many meanings of the term “supply” does the author mention in this passage? What are they? There are 3 meanings of the tern “supply” mentioned in this passage. Firstly, supply means the total amount in existences. Secondly, it means the normal output per unit of time. Thirdly, it means the amount offered for sale per unit of time. Reading Comprehension Q2 Explain the meaning of “the supply of coal” “The supply of coal” may mean the total amount of coal which has been extracted from the mines and is still in existence. - ? Reading Comprehension Q3 Give an example of when the tern “supply” means the normal output per unit of time Vietnam’s supply of rice is over 2 million tons a year. In this case, stocks of rice are small compared with annual output. More example: coffee, pepper, sugar … Reading Comprehension Q4 What relationship is mentioned in the law of supply? It is the relationship between price and quantity purchased/offered for sale. Reading Comprehension Q5 What is the law of supply? The law of supply states: in a short-run time period, in a given market, other things being equal, the quantity of an item which is offered for sale varies directly with its price. Reading Comprehension Q5 What is the law of supply? The law of supply states: in a short-run time period, in a given market, other things being equal, the quantity of an item which is offered for sale varies directly with its price. Reading Comprehension Q6 What influences both supply and demand? Price does Q7 Does the law of supply say that the price is the only thing that changes the supply. No extra question: what things change? Reading Comprehension • What are the basic factors of Supply/Demand? • What usually leads to higher supply? Explain why. • What does supply depend on? [...]...Reading Comprehension • What are the basic factors of Supply/ Demand? ability and willingness to sell/buy • What usually leads to higher supply? Explain why Higher prices Because it promises higher profits??? • What does supply depend on? - Costs of input: ??? - Technology, labour - Tax policies - No of producers Vocabulary 1 wheat 2 percentage... cạnh tranh khốc liệt của các hãng cung cấp dich vụ viễn thông vốn rất dồi dào ở VN Translation Chúng ta có thể hiểu thuật ngữ Cung bằng nhiều cách khác nhau Nói chung Cung có nghĩa là tổng lượng hàng hoá và dich vụ đang tồn tại • The term Supply can be understood in different ways In general, it means the total amount of goods and services (which is) in existence • We can understand the term Supply. .. neither insufficient /short supply nor greater needs It is because people rush/scramble to buy it • The rapidly rising price of gold in Vietnam is not derived from either … or …, but Translation Bất cứ thị trường nào cũng chịu sự chi phối của quy luật cung cầu, quy luật này giải quyết hành vi mua bán của những nhà sản xuất và khách hàng Every market is governed by the law of Supply and Demand which deals... hàng Every market is governed by the law of Supply and Demand which deals with trading behaviours of producers and customers Translation Người tiêu dùng VN được hưởng rất nhiều lợi ích từ sự cạnh tranh khốc liệt của các hãng cung cấp dich v ụ viễn thông vốn rất dồi dào ở VN • Customers/ consumers in Vietnam benefit much from the tough/harsh competition of abundance of telecommunication providers