Ж D. Vocabulary
- l. Read and learn new words.
output (n) — the amount of goods or services produced by a person, machine, factory, company, etc.
input (n) — ideas, advice, effort, or money that you put into something to help it succeed
factor of production -- something that is needed to produce a particular product
diminishing return — the idea that a point can be reached where the advantage or profit you are getting, stops increasing in relation to the effort you are making
marginal (adj) — relating to a change in a cost, value, etc.
when one more thing is produced, one more dollar is earned, etc.costs (n) — money that a business or an individual must regularly spend
fixed costs — costs to a business that do not change when the amount of goods or services produced does
incur (v) — if you incur a cost, a debt, or a fine, you do something that means that you lose money or have to pay money
overhead costs — costs not directly related to a particular product or service, but related to general costs for buildings, equipment, etc.
interest (n) — an amount paid by a borrower to a lender, for example to a bank by someone borrowing money for a loan or by a bank to depositor
charges (n) — an amount of money paid for services or goods rent payment — money paid for the use of a house, office, etc. lease (v) — to give somebody the right to use something for a particular period of time in return for payment
depreciation (n) — decreasing in value over a period of time variable costs — costs that change when the amount of something produced changes
rate of operation — capacity of work done by a company or machine
marginal cost — the extra cost of producing one more of something
self-service (n) — a self-service shop, restaurant, etc. is one in which customers get the goods themselves and then go and pay for them
lot (n) — an area of land on which nothing has been built and which may be available to rent, or build on
revenue (n) — money that a business or organization receives over a period of time, especially from selling goods or services
break-even (adj) — when a company is neither making a profit or a loss
- 2. Give English equivalents to the following words and expressions:
- фиксированные затраты;
- самообслуживание;
- безубыточный;
- норма загрузки производственных мощностей;
- доход, выручка;
- переменные издержки;
- накладные расходы;
- износ;
- сокращающийся доход;
- фактор производства.
- 3. Choose an appropriate word or expression from the box to complete the following sentences.
returns costs fixed cost incurred
interest rents leased depreciation
- Commercial... have decreased significantly since their peak in 1997.
- The East Moline foundry has been operating at less than 50 % capacity and has ... significant operating losses.
- The ... is the added output resulting from employing one more worker.
- Their retail branches are a ..., so the more business they put through them the better.
- Delay in construction could increase ... significantly.
- Chrysler might run out of money to pay ... on its bonds.
- The proposed site of the factory may lead to... of property value in the immediate vicinity.
- The local authority ... him the property.