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

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
3. extracted
4. reflect
5. currently
6. consumers
7. parallels
8. existence
9. ever
10. equal
11. mines
12. compared

nh ng nhà s n xu t và khách hàng.ữ ả ấ
•
Ng i tiêu dùng VN đ c h ng r t nhi u l i ích t s ườ ượ ưở ấ ề ợ ừ ự
c nh tranh kh c li t c a các hãng cung c p dich v vi n ạ ố ệ ủ ấ ụ ễ
thông v n r t d i dào VN.ố ấ ồ ở
Translation
Chúng ta có th hi u thu t ng Cung b ng ể ể ậ ữ ằ
nhi u cách khác nhau. Nói chung Cung có nghĩa ề
là t ng l ng hàng hoá và dich v đang t n t i.ổ ượ ụ ồ ạ
•
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 …
Translation
Giá vàng VN tăng m nh không ph i do ngu n cung ở ạ ả ồ
thi u và cũng không ph i do nhu c u tăng mà do ng i ế ả ầ ườ
dân đ xô nhau đi mua vàng.ổ
•
The fact that the price of gold in Vietnam is rising rapidly is due
to 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
B t c th tr ng nào cũng ch u s chi ph i ấ ứ ị ườ ị ự ố
c a quy lu t cung c u, quy lu t này gi i ủ ậ ầ ậ ả
quy t hành vi mua bán c a nh ng nhà s n ế ủ ữ ả