Everyone has figured that out in terms of technology and product, but we thought we could do a better job.
在技术和产品方面,大家都已经想透了,但我坚持我们能做得更好。
So we have like a lot of different products to like, help protect your hair from the sun and water
所以我们有很多产品来,比如,帮助保护头发不受阳光和水的伤害,
So this will be total quantity of goods produced by Firm 1 and goods produced by Firm 2 that are consumed.
所以它量表示,公司1和公司2,所生产出的,能被市场消耗的产品总量
And much easier to purify and know what you have at the end, than if you're trying to harvest it from a whole complex organism.
最终产品的纯化和鉴定也比,从复杂的生物体上提取和鉴定容易
As much land as a man tills, plants, improves, cultivates and can use the product of, so much is his property " He by his labor encloses it from the commons."
一个人能耕耘,播种,改良,栽培多少土地,和能用多少土地的产品,这多少土地就是他的财产,这就像是他用他的劳动从公地圈来的那样“
and then use the proceeds, use the profits that you make from selling the product to make the product better.
然后用得到的钱,用销售产品的收入和利润来改进产品。
A product like Windows is in a sense only as good as it's last release or two.
如“视窗“一样的产品不过是,和它之前推出的如出一辙而已。
And--and each of these companies owns thousands and thousands of brands and products, so they're very big and very powerful, but it's interesting that we think that the United States food companies are governing the world market.
这里提到的每家公司,都拥有数以千计的品牌和产品线,它们的发展都非常壮大,有意思的是,我们以为,美国的食品公司引领着全球市场
and we have like, a lot of shampoos and products like for damaged hair
我们有,好多洗发水和别的产品用于受损的头发
and when people download, when people download songs and property illegally,
而当人们下载的时候,当人们非法下载歌曲和别的知识产品的时候,
for produce and for locally grown organic products.
他们会购买农产品和本地栽种的有机产品。
It's all about market forces and the health and the condition of your product.
所有这一切都取决于市场的需求,以及你的产品的状况和健康情况
Traditionally, financial inventions were not granted patent rights, but now in the United States and in a number of other countries it has become possible to patent financial inventions.
传统的金融产品,是没有专利的,但现在,在美国,和其他的一些国家中,金融产品也拥有了专利
Now we're doing the same for IT, using standards, taking things that are in what's this big bucket known as services and really encapsulating them in the form of services and products, but in a much more cost-effective way, using standards.
现在对于整个信息技术行业我们也采取这种方法,使用标准,通过服务,注入产品和服务,通过标准,提高成本效率。
So the products we mentioned last time were Coke and Pepsi, but you could think of other products that are pretty much identical.
上次举例的产品是可口可乐和百事可乐,但你们可以把它想象成其他,同样的产品
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
Microsoft Bob was kind of like a low end Word processor and spreadsheet but the screen look like a house and this dog walked around and talked to you about writing your book reports or something.
那是一款类似于,低端文档处理器和数据表,的产品,但是屏幕,看起来像个房子,还有狗走来走去和你对话,写书或者报告。
I would say that in Biomedical Engineering, largely, we're still at the stage where we're trying to understand how things work and how they fail, and what materials are the right ones.
我要说的是,生物医学工程很大程度上,仍旧停留在试图探索产品的工作原理,以及寻找产品存在缺陷的原因,和选择正确材料的阶段
Well one reason I want to go back is you'll notice I've been putting up these lines on the board and when we visited elections on the second day, we said that you could think of that line on the board, as being not just left wing, right wing politics but also some dimension of products.
原因之一是我想你们将注意到,我在黑板上画了一条线,当我学习第二天学习的选举时,我们讲过你们可以想象黑板上有条线,不仅是左派和右派的政治家,还可以是某种产品特性
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