I produce any quantity at all in addition to what's out there already, what's going to happen to the price?

如果我再额外生产一些产品,会对产品价格产生什么影响

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So the cost of the product will be higher for them, for you know, for any product that uses advertising

所以他们的产品价格就会更高，你知道，任何打广告的产品。

广告和价格的关系 - SpeakingMax英语口语达人

It's going to be pushed below costs.

产品价格会被压到成本以下

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So even though there's only two firms here, with price competition, identical products, we end up with an outcome that looks exactly like perfect competition, except for the fact there's only two firms.

尽管这里只有两家公司,进行某种产品的价格竞争,我们得到了,和完全竞争非常相似的结果,除了只有两家公司这个事实

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I won't bother to write it separately for Firm 2, it's going to be the quantity it sells times the price it gets for that quantity, minus that quantity it sells times the cost it incurs in producing that quantity.

我不用另外写公司2的收益了,收益是销量,乘以对应的价格,减去销量乘以产品,的生产成本

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So basically the idea is that the more these firms produce, so the more the total quantity produced q1 + q2, the lower is the price in the marketplace for this product.

核心思想就是两家企业生产得越多,即产量,q1 + q2,越大,该产品的市场价格就越低

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