Firms in perfect competition are price takers: they don't particularly have to worry about the actions of their competitors.
这些企业是价格接受者,他们不必担心,他们的竞争对手的策略
Price competition two firms competing with one another in prices can have a Prisoners' Dilemma aspect about it.
价格竞争,两家互相打价格战的企业,可能会陷入囚徒困境
It's likely to increase, but there is more competition from India business India government has been a little more protective of India business They still have rules about which areas foreign investment can come in which areas they cannot come in.
也许机遇是有很多,但印度企业面临激烈的竞争,而印度政府又一直,有点过于保护本土企业,政府现在还有规定哪些领域,可以引进外资,哪些领域不准引进外资。
You also saw firms that were monopolists and monopolists don't have any competitors to worry about, so that's not a particularly strategic situation.
又比如说垄断企业,垄断企业没有竞争对手,所以这也不是策略形势
You saw firms working in perfect competition.
比如说自由竞争企业
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