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Ex.4. Match the words on the left with the definitions on the right.
Date: 2015-10-07; view: 471.
Ex.3. Give three forms of the following verbs. Find the sentences with these verbs in the text.
Can, be, have, undertake, do, mean, make, take, wear, get, grow, find, bring, learn, read, fall, rise, raise, lose, lead, think, cost, keep, leak, lend, give, sell.
| factor of production
| a
| the worth of something in terms of money or other goods for which it can be exchanged
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| land
| b
| pay, usually of nonmanual workers, often expressed in annual terms
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| labour
| c
| the total satisfaction derived from the consumption of goods and services
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| capital
| d
| an input such as land or any natural resources, labour, capital, and entrepreneurship, combined in the production process to produce goods and services in an economy
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| information
| e
| payment for the work done
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| goods
| f
| equipment for doing something
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| services
| g
| a business firm
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| resources
| h
| accumulated wealth, especially as used in further production
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| salary
| i
| the human effort required to produce goods and services
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| value
| j
| tangible commodities or merchandise
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| wage
| k
| quantity of goods and services produced or provided by a business organization or economy
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| facilities
| l
| stock that can be drawn on
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| utility
| m
| the factor of production which comprises not just land itself but all natural resources. (Shoals of fish, natural forests, the atmosphere, and rivers).
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| enterprise
| n
| what is told, knowledge
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| output
| o
| tangible commodity or merchandise
| Ex.5. Make up verb+noun collocations (there may be several variants).
to produce
| activities
| to derive from
| the interests
| to pursue
| food
| to serve
| resources
| to undertake
| goods and services
| to acquire
| new skills
| to obtain
| laws
| to improve
| quantity of labour
| to enforce
| knowledge
| to increase
| human capital
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