1979-11-10 — Page 20

CHANT

·公司賽本支出預期將

及財政支出縮減。

近日本行的信用緊縮

上機,可開對美元

ZENE IN

後,由於進口床科價格

#

真四第張五第一日一廿月九年未己圈夏

濟經本日

WAH KIU YAT PO

報日僑華

·六期星

黯|前|明 淡景年

徒然

T *有序現港酒一封辦團: 高二及革工店月會一並港

(該貼興易

是敬本,且省通日電東

ATHE

旅程之一部份,該會

·做十四人代表團現正期 阿香港,作爲遠東考察

國際貼現聯會之一

日十月一十年九七九一番公年八十六國民華中 育教濟體

我旅問個

會討研欸整現貼 經華 濟僑

行舉港本在日今

股市成交價目表(九)

腦

湖泊 最高價 最低價 收市寳 收市價攻市價:

香港雜瓖

$2

#

開市價驳在價最低價,收市價

·香港:還

鋨

市值 收市價

哦 告

開市價 最高價 最低價攻市臟 收市價收巿價

·深東會成交:90.470,000元 香港會成液-53,790,000元 金鑽會成交: 20,340,000元,

450.00070 FLUGME: 四會成交粮額:215,050,000元 恆生指數:712.32快1.63 金指數:604.13 升1.59線指數:705.728.60金銀指數:612.6340.95

瑞興公司、 先施公司

2.30

15,00

2.30 2,30

2.30 15.00 15,00 15.00

USHUR

1.07

1.07

1.03

1:03

1.03

新烏來

BM

2.625 2.675

2.60 2,65

光滚

2:40

5.16

2,50 2:40 5.85 5.16

2.40

2.45 2.40

2.625 2,65

KATYA MAN

- 3447_667|4_27

5.30

5.50

SGV

1.50

5.80

1:53

1,45

1.50

1,45 1.46

AT

825 3.825 3.70..

3.75

3.725

国光地產

1.35 1:39

1.30

1:32

3,75

1.35

1.33

海工程

0176 0:78

鮮盤味

8.20

8.20.

8.20

0.76

0.78

開市價 最高價 最低價 香港

(一)銀行及債券類

金银 收市價收市價、收市價

信德(除源): 仁竿企痰

3.70

2.90

2.65

2.75

-2.80

2,70

4.08

1.08 ∙1.03.

L.05

11.03

1,04

志正國際

2,95 2.95 2.9

KAINA

10.50 10.60

10.40

太古洋行A

恆生銀行

94.00 96,50

·馬豐銀行

15.50 15.60

海外信託銀行蹦出3.80 3.80

94,00 95.60 .36.30 15:40 3.80 3.80

95.50 95.50 15.40 15:40

蝦 谢化大 莊士集團

ન (૨૬) કાર પત્ર

8.90

8.95

8,65 8.65

8.70 8.75

1.70 170

1.70

1.70

(八)航業類

添占

5.10 5.16 4,975 5.00

5.00

亞洲醇藥

6.55

6.55

6.40

6.40

· 6.45

6:55

6:40

6.40

6.40

洗发

1.97. 1.98

1.96

1,96

會藥樂IA

4.45

4.45

4.30

4,45%

4.30

2,30

2.30

2.30 2.30

2.30

Ja

1,50 1:52

1.50

1,50

熊邦航業

4.35

4.40

4.25

4,40

WE WISHT

6.60.

6.656,60

6.60

3.80 6,60

連卡佛A 餵魚預

6.85 6.85 2.30

6.85 6:80

城郤地產

維達航業

4.09

4.03.

·4.00

4:00

4,00

4:00

2.30

2.30

·東方貨推

3.36

3:35

3,30: 3.325

3.35

3,325

東亞銀行

$5,00

€55.00 55.00 55.00

地下跌路債券

協成行:

*1,46] 1.46

-1,46

DLER (KB) 3.90

9.975

3.90 ·3,90

3.95

九合債券7.75%

(四)地產建築類

LAUWE 140.00. 139.00

萬邦投案

门

LEFT

140.00 143.00149.00

2.20 2,20 2.10

2.10

8% 60,5%

61.0%

裂地債券有認股權

60.5% 60.55% 61,095 61.02

瑟創興運案(除恩)2.05 長江實業

2.075

2,00

2.05

2.05

2.025

世界發展

2,20

185 300

(九)投資類

1.90

19,30

*1960.

18,70

19.00

19.20

18.90

甄生工業

聯合企業

微地價券無投和

「感德業

·170) 1.70

: 1.70

1,70

1.20

1.20

1.19

1.19

恰和證非

7.4.

7.60

7.30-

質地認股權 30 1850

1900

1730. 1830

1820

HERE

1.82

-1.86

1.83

1.86

X

森那美

.7.20 7320

7,20

CHRZIFA336 8,00.

8.00

7.5% 72.00 72400

72.00

7.60: 7.76 7.75

72.00. 72.00.

7.70

大財務

0.50

0,50.

0.48

0.48

0.49

****

1.25

*1.28

1.23

1,23

新鴻無起

2.551

2.55

2473

1988

2:50

-7.45

2.525

嘉年症

1.30

1.33

1.24

$1.30 $1,25

1.25

遠東發展 ::

360 13.60

3.125

3.208.20

政府債券6.55

贊地公司

12.30

12.40

11.90

12.10 12.20

12.10

統一機構

.1.40 1.40

莊士債券56

·憎公司A

3.95

3.975 3.90

3.90

3.95

(十)橡膠類 聯合機膠:

3.90

金山地藏

(二)公用類

合和氣藥:

8.70

8.70

8.40

̈橡膠谞託

7.30

7.50

7.20

7.20 7.30

8.50

8.55

8.60

永泰發雙

7,00

7.15

6.95

7.10

7.10

九燈

25.00 25.20

24.50

24.60

24.50

24,60

新昌集團

2:80

8,20

·2.80

3:075 3.10

3.10

̇港燎媽風

4.85 4,85

4.775

4.825

4,825 4,80

-和記抽譯(暫停牌)一

(五)倉塢類

(十一)其他

中華煤氣

23.80.

24.00 23.80

23.80-

24,00

24,00

四海地

1.93

0.1425 0.1475 0,1426.

1.93

1.90

1.93

雞話公司

24.70.

24,802A-50

24-70

24.30

24,50

1.93

2.05

1.93

2.00

油滿地小輪 ̇

34.25

35:00 34.25

12.025

九個盒(杂感》 41,00

144,000-41,00

43,00

44.00

43.50

部廷(除息)

-4,00 4.00 4.00

0.145 4,00

1.99

34,25 35.00

∵安全貨倉

2.60

2.60

35,00

**

2.20

2,30

2.20

2.20

2.30

ANEE

4.45

· 4,50

14,404.425 4.4254.40

A

2.70-

2.75.

2.70

2.70 2.70

2.725

•193€.

34.75 35.00

2,60 34.75

2.60

屋馬報業

.6.20 6.20

35.00 35.00

200

南華早報

中華巴士

38.00

38:00:

38.00 38.0038.00

新基地産

18.00

安

(三)工商企業類商 臣大亞

·隆園公司,

4.00

9.05

4.05

9,20

BASE IN

39.50 10.25 39.25.

$9.00 9.35

8.75

0.95

1.04

0.95

永安 和記

4,804,80'

4.80

8.60

8.90

8,50

གྲུལ། ལ

39.50

3.95 3.95 4:00 4,00

9.20 -9.05

40.25 40.00

大豐

2.60

18.00 17.60 17.70

2,675

中華海股單

0.80

0.80

0.80

0.80

永安人壽

2:15: 2.15 2.15

2.15

2.15

17.80

17.80

注

1.37

1.37

1.37

1.37.

3.175 3.325

2.325

2.35

(六)酒店類

̇建度鋪款

泰盛辣眼:

1.75"

1.76 1.64 1.68

1.70 1.70

3.30

3.35

3,175 9.25

3.25 3:25

新酒店

4.10

4.10

73.95

4.00

4.025

∵華機工器

70,00 70.00

70.00 70.00

4.00

明

1.16

1.16

8.90

8.85 8.75

F#

$1,00

1,03 -4380

1.03

大昌永奋

2.50 2.376

5.90 6.95 5.75

海港企棗

27,60

28,00

27.60

28.00

28,00

28.00

九龍交易所上市股

16

5.80

5:80

5.80

大酒店

27.80 28,90

27.80 28.00.

28.20

28,20

H

開市價

̇最佳價

2.40

2.45.

2.45

2.425

美璀

大新公和

3.50

3.60 3.60

3.50

3.50

3.55

百樂

8:56

8.60

8.55

生

0.40

0.40

0.40

0.40

0.40

遼東酒店

21.00 21,00

1.68 1.70 1.80

21.00

21.00

國際實業

1.65

1.83. 1.65

165

1.66

1.65 1.68 1,66

(0,68

(0.68

0,90·

90

0.68 0.90

恰称(除

14.20

14.50-13.00 14,00

14:10-

14,00

建煌新記

1::01

1.05

0,97 1.00

1,00

3,25 53.375 3:15 3.20 3.25:

3:20

王集團

生力啤酒

7.30 7.50 7.30.

$7.50 7.50

7:50

1.73- 1.73

1,70

1.70

1.71 1.70

(七)紡織製衣類 南整钞袭

1980

17

16

2.5/6 0 22/7-1

13

1 5/8

中學會考試題預習專欄 經濟及公共事務(五)

明德出版社鹭类提供資料

陳勳德

ECONOMICS AND PUBLIC

AFFAIRS (5)

Factors of production

1. Factors of production Since production is defined as any activity. directed to satisfy human wants by manufacturing goods and services with the assistance of available resources, the producers require a number of

inputs in production. For example, for growing crops, cultivated land, irrigation machinery and workers are needed.

The factor inputs involved. In the production process are termed factors of. production in

They include:

human econumy.

in

Therefore, factors of production can be defined recources available to. produce goods and services: in order to satisfy human's wants:

The

There are four factors. of prodcution, namely, land. capital, labour and entrepreneur. Land and capital are called the non- human factors where labour. and the entrepreneur are called human factors. production units (the individual enterprisings are firms) could make full use of the factors of production by combining them in the more appropriate way so as to achieve the greatest output and maximize the profit.

Land: Land refers not only.

to the site where production activities can be carried out, but also the natural resources made a available from the nature. Therefore land

Includes agricultural

land industrial site

mineral resources,

forests, mountains,

seas, grasslands and.

climate. Land is

often regarded as a

free gift of nature

because it is provided

for everyone in the society. Furthermore land is also limited in supply

2. Capital: Capital refers to

those man-made

resources or capital goods which are employed in every stage of production. Usually, the capital goods are not needed. directly for immediate consumption and they are used for further stages of production to make consumer goods directed to the. hands of consumers.

3. Labour: Labour refers to

all actual effort, mental and physical, skilled and

unskilled, applied to the production of goods and services and for which payment to labour is called wages. Because labour is a. human factor in production, the provision of labour depends upon. population, mobility of labour and the social and psychologrcal aspects of the workers.

4. Entrepreneur: Entrepreneur

is a human factor separated from labour. Entrepreneurship refers to the organization ability and managerial skills in production. It is because the entrepreneur have to combine and fully utilize the other three. factors of porduction in business decision making. In othe

words, the

entrepreneur may be the industrialists ur the managers in the production unit. He or she has to make vital decisions of policy. regarding the method of production to be employed and the quality of the output. In addition to receiving

residual profit, the entrepreneur bears the risk of production

because the firm may have the chance to suffer loss,

II. The law of diminishing

returns.

Supposing that the

commodity production of a require two factors of production, land and labour. If successive units of a variable factor (one whose amount can vary) are added to a given quantity of a fixed factor (one whose amount cannot be altered), the addition of more and more units of the variable factor. will in the end lead to a decline in the additional output resulting from the addition of an extra unit of the variable factors.

For example, in the production of wheat we are using various alternative quantities of labour per unit of time to farm a fixed amount of land, and recording the resulting alternative outputs of wheat per unit of time.

The average product of labour (AP) is then ⠀⠀⠀ defined as total product (TF) divided by the number of units of labour used. The marginal product of labour (MPL) is given by the change in TP per unit change in the quantity of labour used. In the table below, land is measured in acres labour in man-years and total product (TP) in bushels.

"

(1)

(2) (3) (4) (5) Land Labour TP APL MPL

0

0

:0

0

3.

3

3

8

·4

5

12

15

3.3/4:3

17

3 2/

2

Labour Con

"one_latra

8 bf land.

According to the diagram,

the MPL rises at first, reaches

maximum (before the APL

reaches its maximum) and then declines. The MP becomes zero when the TP is maximum and negative when the TP begins to decline. The following position of the MP, asure illustrate the law of diminishing

returns.

The law of idminishing

returns states that if one factor of production is increased by small, constant amounts, all other factor quantities being held constant, then after some point the resulting increases in an output become smaller and smaller.

This law is propounded only on the assumption that the state of technology is given and that no new production methods are introduced during any period in which the law applies. III.The application of the law of

diminishing returns.

1. Land is subject to the law of diminishing returns.

Land is a factor which particularly suffered from the law of diminishing returns. If the certain quantity of the factor land is given, with the land the entrepreneur combinès

increasity of land

or capital. found that sooner or later the addition of further quantities of labour and captial would. result in diminishing returns. As a result, the output per unit of the additional factors: would be decreasing. Other factors of productions are also subject to the law of diminishing returns.

Today, the theory of diminishing returns retricts

not only land in production, but also the other productive factors such as labour, -capital and entrepreneur-

Because of the increasing.

scale of production, the

Tosses in production would be more possible.

學能推理練習專欄

智慧社提供資料

文字推理

文字推理練習十

關係的類比 試在下列每題A、B、C、D、E五組中 選出最適當的答案,並在它的下面叄一横線

王、鞋子约,(注),正如衣服利(i)。

ABS (1)}***

E(1)襪子(外套

B(1)皮革(i)衣粉 D(i)鞋店(1)商店

正如看護外租)

A)警車:(i)救護車

Ci)巡邏(藥物

Bil警局:(ii)醫生 DUSE GREA

3.莊球野佳),正如跳高,(i)

A(球藍: (i)沙池

C()教練:(選手

B(i)球場(ji}竹類

D{i}排球(f}跳遠

電視背(i)正如電影外

·A(1)收睇:(i)放映 Cf(i)錄音(ii)拍攝

BIDA ()導演

DIES (D✯E

Eī)螢光耀(飯菜 -5.夏天路(i)正和秋天针、(ii)

A(游泳、(ii)溜压、 B{1}蓮花、菊花

C(i)暑假:(i)家假

E()炎熱溫暖

DUUTA (11) 30%

STER

METHOPOR

選出最適當的答案,並在它門網軍一機線。

6.青蛙對,蝌蚪

-家露:對貓狗

8.父親籽兒子正心

9.香港好

10、聰明好愚蠢

(P公社 對母難

Q蜜蜂珠蝴蝶

RKT # JK

S蛇玲 洞穴

T猩猩 我:猴子

Q野獸·粉山林 R鳥類 A∵然翔 Sut *** T農作物 對:稻麥 「母親對女兒 Q祖父 经‘祖母

R 哥哥 1 弟弟 哥哥蛙嫂嫂

T女兒牛女孩

P九龍:时‘半盆

○長洲野漁港

R沙田、野新舉

北角籽旺角 丁九龍對新器

PH #

新速純雞

R✰✰

下尖對錢)

* OC * CR

QA OT OP. OP

B

S

OD CE

Page 20Page 21