Х 1 points) Scan the text and decide if the statements are true, false or there is no information about them. Write your answers (A, B, or C) in the boxes.

 

Elasticity of supply, as a response to changes in price, is related to demand. Economists define “demand” as a consumer’s desire or want, together with his willingness to pay for what he wants. We can say that demand is indicated by our willingness to offer money for particular goods or services. Money has no value in itself, but serves as a means of exchange between commodities which do have a value to us.

People very seldom have everything they want. Usually we have to decide carefully how we spend our income. When we exercise our choice, we do so according to our personal scale of preferences. In this scale of preferences essential commodities come first (food, clothing, shelter, medical expenses etc.), then the kind of luxuries which help us to be comfortable (telephone, special furniture, insurance, etc.), and finally those non-essentials which give us personal pleasure (holidays, parties, visits to theatres or concerts, chocolates, etc.). they may all seem important, but their true importance can be measured by deciding which we are prepared to live without. Our decisions indicate our scale of preferences and therefore our priorities.

Elasticity oа demand is measure of the change in the quantity of a good, in response to demand. The change in demand results from a change in price. Demand is inelastic when a good is regarded as a basic necessity, but particularly elastic for non-essential commodities. Accordingly, we buy basic necessities even if the prices rise steeple, but we buy other things only when they are relatively cheap.

 

1. When people offer money for a particular good, they indicate that a demand exists.

A True B False C No information

2. Money is usually valuable in itself.

A True B False C No information

3. People don’t usually have everything they want.

A True B False C No information

4. Basic needs come before luxuries.

A True B False C No information

5. Our decisions on how to use our money show what we need most and what we are willing to do without.

A True B False C No information

6. Demand for essential commodities is always elastic.

A True B False C No information

Points) Translate the above text (ex. 3.3.) into Russian.

Points) Write about the following topic. Give reasons for your answer and include any relevant examples from your own knowledge and experience. Write at least 250 words.

 

Many of us spend hours in front of our computers and communicate more by e-mail or instant-messaging than in person. Some people believe that this is good because it helps shy people communicate more openly with others. Others believe that computer communication prevents us from developing interpersonal skills and limits our ability to have meaningful relationships with others. How do you feel about this issue? Use specific reasons and examples to support your position.

Вариант № 2.

(Выполняется студентами, фамилии которых начинаются

с букв О – Я).

 

Раздел 1. Лингвистический аспект

 

1.1. (5 points) Phonetics. Choose the words where ‘IE’ has the same pronunciation as in FIELD. Tick (√) the correct variant(s) in the boxes.

 

1: brief

2: believe

3: chief

4: science

5: studies

6: quiet

7: proprietor

8: supplies

 

1.2. (7 x 1 points) Put in the correct articles if necessary. Write your answers (a(n), the, –) in the boxes.

 

c) It’s (1) … enquiry from (2) … company. (3) … company is interested in (4) … telephone equipment. They know we are selling (5) … new model of (6) … equipment.

d) Passengers for the flight to Spain please collect your hand luggage and go to (7) … gate 4.

 

 

 

X 1 points) Put in correct prepositions. Write your answers in the boxes.

 

a) They wanted to buy 60 motors (1) … the Russian company. Rossexport was interested (2)... selling their goods (3) … Smith and Co and they were going to invite Mr. Garsell, the manager (4) … the company, to come to Moscow to have talks.

b) Will you fill (5) … the forms, please? Thank you. The porter will take you up (6)... your rooms (7)... the lift. Here are the keys (8) … your rooms.