If the firms engineers succeed in doing so, the result will be like an electronic nurse that can keep an eye on someone and know when to call the doctor. Not so much Big Brother, then, as Big Sister.
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If the firms do well, they buy back the equity in cash, which goes to the shareholders, with a cut for the fund.
如果公司运作良好,他们就会用现金买回股权给予股东,并给基金一份利润。
If the firms engineers succeed in doing so, the result will be like an electronic nurse that can keep an eye on someone and know when to call the doctor.
如果这些企业的工程师们能研制成功,那么将有可能出现一位密切关注病人的电子护士,并且它还知道何时该通知医生。
Foreign firms will all want a piece of the action if the new airport goes ahead.
要是新机场开始修建,外国公司都会来插一手捞好处。
So if the firms wanted to make more money, the only thing they could do is they could sign an agreement saying, why don't each of us produce not our Cournot quantity, but produce half monopoly profits.
所以如果你们想多赚钱,唯一能做的就是签协议,我们不要按古诺产量生产了,各自生产垄断利润的一半多好呢
If both these firms are producing bottled water and it's identical, then the goods themselves are substitutes.
如果两家公司生产同质的瓶装水,那么它们的产品是可以互相替代的
In the second case, if both firms undercut each other, you end up with low prices, that's actually good for consumers but bad for firms.
在第二个案例中,如果两家企业互相削弱,最终会压低价格,这对消费者有利,但对企业不利
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