You put some inputs in, it has a contract that says if you put the right kind of inputs in you'll get a specific output coming out, but you don't have to know what's inside of that box.
你可以将输入一些内容,它相当于一个条件合约,如果你的输入是正确的,你就能得到特定的输出,但是你不知道盒子里面有些什么。
Well, one thing that goes wrong is that suppose Coke and Pepsi were able to either to write a contract or whatever to sustain joint monopoly output at this high price, this price which is actually producing positive profits in the industry it is going to turn out, therefore the price is going to be above costs.
我来说吧,问题出在这里了,假设可口可乐和百事达成了协议,不管签的是协议还是合同,只要能通过协约维持垄断产出,通过制定高价来达到正的利润就行,这样价格是高于成本的
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