So this will be the monopoly quantity for Firm 2 and this is the competitive quantity of Firm 1.
这里表示公司2的垄断产出,这里是公司1的完全竞争产出
So I claim that this total quantity being produced is less than the competitive quantity, but more in total than the monopoly quantity.
我说吧,这种情况下的总产出,比完全竞争产量要少,但比垄断产量要大
So we have the monopoly quantity here, and we have the competitive here, and in between what does this best response curve look like?
这样我们就算出了垄断产出,还有完全竞争产出,二者之间的图线是什么样的呢
They would be lower than the monopoly prices, but higher than the perfect competitive prices.
它们比垄断下的价格低,但比完全竞争下的价格高
How did it compare to the monopoly quantity and to the competitive quantity?
它和垄断产量以及,完全竞争产量相比有何不同
How does this quantity compare and how do therefore the prices compare, and how do profits compare with monopoly prices on the one hand, and competitive prices on the other?
第一,该产量下的价格,产出,和垄断价格,产出相比有何不同,和完全竞争价格又有什么不同呢
Well, the monopoly quantity was a - c over 2b and the competitive quantity was a - c over b, just to remind you of those, they're on our picture.
垄断产量是/2b,完全竞争产量是/b,提示大家一下,这几点都在图上呢
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