题型:阅读理解 题类:真题 难易度:普通
2014年高考英语真题试卷(江苏卷)
However wealthy we may be, we can never find enough hours in the day to do everything we want. Economics deals with this problem through the concept of opportunity cost, which simply refers to whether someone's time or money could be better spent on something else.
Every hour of our time has a value. For every hour we work at one job we could quite easily be doing another, or be sleeping or watching a film. Each of these options has a different opportunity cost—namely, what they cost us in missed opportunities.
Say you intend to watch a football match but the tickets are expensive and it will take you a couple of hours to get to and from the stadium. Why not, you might reason, watch the game from home and use the leftover money and time to have dinner with friends? This—the alternative use of your cash and time—is the opportunity cost.
For economists, every decision is made by knowledge of what one must forgo—in terms of money and enjoyment—in order to take it up. By knowing precisely what you are receiving and what you are missing out on, you ought to be able to make better-informed, more reasonable decisions. Consider that most famous economic rule of all: there's no such thing as a free lunch. Even if someone offers to take you out to lunch for free, the time you will spend in the restaurant still costs you something in terms of forgone opportunities.
Some people find the idea of opportunity cost extremely discouraging: imagine spending your entire life calculating whether your time would be better spent elsewhere doing something more profitable or enjoyable. Yet, in a sense it's human nature to do precisely that—we assess the advantages and disadvantages of decisions all the time.
In the business world, a popular phrase is “value for money.” People want their cash to go as far as possible. However, another is fast obtaining an advantage: “value for time.” The biggest restriction on our resources is the number of hours we can devote to something, so we look to maximize the return we get on our investment of time. By reading this passage you are giving over a bit of your time which could be spent doing other activities, such as sleeping and eating. In return, however, this passage will help you to think like an economist, closely considering the opportunity cost of each of your decisions.
Memorandum(备忘录) To: Members of all departments From: Annette Derringer Subject: Year-end party Date: November 26 |
This is just a quick note to let you all know the arrangements for next month's year-end party. As you know, the party will be held at the Green Vale Country Club, which we have reserved between 6:00 pm and 10:00 pm on the evening of December 21st. 1 have received replies from almost all of you confirming attendance, but if you have not let me know yet, please do so in the next day or two. Tickets for all employees have been covered by the company. The manager of Green Vale has asked me to explain one or two things to those of you who have not been there before. Basically, there is enough parking space for only 100 vehicles, so he would like to ask those of you planning to drive to try car pool(拼车)as much as possible. Also, the number of lockers available is small, so guests should try to keep belongings to a ,minimum. Thanks in advance, Annette |
To: Annette Derringer aderringer@belway.com From: Kype Berwick Subject: Year-end party Date: November 28 |
Annette, I will be able to attend the year-end party at the Green Vale Country Club on December 21st although I do not think I will be able to arrive before 7:30. I was wondering if it would also be possible to bring a couple of guests. I know it is a bit of a last-minute request, but my brother and his wife are planning to visit us at that time, and they would love to see the Green Vale. If it is not a problem, then could you let me know how much I should pay for their tickets? Also, assuming this is OK, we are planning to drive down in a single car to reduce the need for paring and also to allow us to keep our belongings in the ear. I will have a couple of days off before the party, and I will not be in my office December 17th, so could you get back to me before then? Thanks a lot, Kyle |
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