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研究生管理专业入学考试机考模拟阅读理解9

most economists in the united states seem

captivated by the spell of the free market. conse-

quently, nothing seems good or normal that does

not accord with the requirements of the free market.

(5) a price that is determined by the seller or, for

that matter, established by anyone other than the

aggregate of consumers seems pernicious. accord-

ingly, it requires a major act of will to think of

price-fixing (the determination of prices by the

(10) seller) as both 'normal' and having a valuable

economic function. in fact, price-fixing is normal

in all industrialized societies because the indus-

trial system itself provides, as an effortless conse-

quence of its own development, the price-fixing

(15) that it requires. modern industrial planning

requires and rewards great size. hence,

a comparatively small number of large firms will

be competing for the same group of consumers.

that each large firm will act with consideration of

(20) its own needs and thus avoid selling its products

for more than its competitors charge is commonly

recognized by advocates of free-market economic

theories. but each large firm will also act with

full consideration of the needs that it has in

(25) common with the other large firms competing for

   the same customers. each large firm will thus

avoid significant price-cutting, because price-

cutting would be prejudicial to the common interest

in a stable demand for products. most economists

(30) do not see price-fixing when it occurs because

they expect it to be brought about by a number of

explicit agreements among large firms; it is not.

   moreover, those economists who argue that

   allowing the free market to operate without inter-

(35) ference is the most efficient method of establishing

prices have not considered the economies of non-

socialist countries other than the united states.

these economies employ intentional price-fixing,

usually in an overt fashion. formal price-fixing

(40) by cartel and informal price-fixing by agreements

covering the members of an industry are common-

place. were there something peculiarly efficient

about the free market and inefficient about price-

fixing, the countries that have avoided the first

(45) and used the second would have suffered drastically

in their economic development. there is no indica-

tion that they have.

socialist industry also works within a frame-

work of controlled prices. in the early 1970 s,

(50) the soviet union began to give firms and industries

some of the flexibility in adjusting prices that a

more informal evolution has accorded the capitalist

system. economists in the united states have

hailed the change as a return to the free market.

(55) but soviet firms are no more subject to prices

established by a free market over which they

exercise little influence than are capitalist firms;

rather, soviet firms have been given the power to

fix prices.


1. the primary purpose of the passage is to

(a) refute the theory that the free market plays a

useful role in the development of industrialized

societies

(b) suggest methods by which economists and members

of the government of the united states can

recognize and combat price-fixing by large firms

(c) show that in industrialized societies price-fixing and

the operation of the free market are not only

compatible but also mutually beneficial

(d) explain the various ways in which industrialized

societies can fix prices in order to stabilize the free

market

(e) argue that price-fixing, in one form or another, is an

inevitable part of and benefit to the economy of any

industrialized society