Total quantity being produced is less than would be produced under perfect competition, but more than would be produced under monopoly.

此情况下的总产出,比完全竞争情况下的要少,但比垄断情况下的要大

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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

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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

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So this is the total quantity produced on this equilibrium, in this Cournot Nash Equilibrium.

这就是在古诺博弈中的,纳什均衡

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So this is the total quantity of Coke plus Pepsi.

也就是可口可乐和百事可乐的总产量

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And let me use a big Q to be the total quantity produced-- sorry--the total quantity demanded in the market.

用Q代表总产量,对不起,是市场总需求量

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So the total quantity produced in the market--the total quantity will be 2a - c over 3b.

这样整个行业的总产出就是,2/3b

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So total quantity demand is 1 -P where P is the lower of the two prices.

总需求量是1-P,而P是两个公司的价格中较低那个

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So we'll assume just to make life simple, that the total quantity produced is 1 -P.

为了简化,我们假设,总产量是1-P

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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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So clearly, if we produce the monopoly quantity, by definition, the monopoly quantity maximizes total industry profits.

显然,根据定义,垄断产量使行业总利润达到最大化

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