This answer that says I just undercut Pepsi, that's true provided that Pepsi hasn't gone above the monopoly price.

比百事定价低点的答案,只有在百事没有高于,垄断价格时才是正确的

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If he's gone above the monopoly price we need to be a little bit more careful.

如果它高于垄断价格了,我们需要小心点

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However, then I'll have the whole market, it's as if I'm a monopolist but suddenly I'm pricing above the monopoly price, that can't be right.

但是,占有整个市场,相当于我是个垄断企业,但是我的价格却高于垄断价格,那是不正确的

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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

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I never want to price above the monopoly price, because I know the monopoly price, when I'm the monopolist, is the most profit I could ever make.

我绝不想高于垄断价格,因为我知道,当我作为垄断企业时,垄断价格能为我带来最大利润

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So here my best response is to price at the monopoly price.

所以这里我的最佳对策是定价在垄断价格

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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

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Consequently, prices are going to go the other way and consequently prices are going to be highest under monopoly, lowest on the competition, and somewhere in between in this Cournot situation.

相应的,价格则呈相反趋势,垄断情况下的价格最高,完全竞争情况下的价格最低,古诺均衡时价格处于两者之间

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We would solve out what the monopoly price is.

我们就能解出垄断价格是什么

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Pricing at the monopoly price.

将价格设定在垄断价格

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So if Pepsi is dumb enough to price above monopoly, sure I will undercut Pepsi but I won't undercut Pepsi by a penny, I'll undercut Pepsi all the way down to the monopoly price and make monopoly profits.

如果百事笨到把价格设的高于垄断价格,我当然要定价比百事低,但不是低一点,我要把价格设得比百事低直至垄断价格,并获取垄断收益

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And notice that if Pepsi has priced above the monopoly price, suppose Pepsi has priced this good so high that it's above the monopoly price, then, as the gentleman said, I can capture the whole market by pricing just below Pepsi.

注意如果百事设定的价格高于垄断价格,假设百事把价格定得太高了以至于,高于垄断价格,那么像那位先生说的,我可以用低于百事的价格来占领整个市场

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So here's the other issue, there's a price in this market, we might want to think of as the kind of focal price as an interesting price, and that's the price at which, the price I would choose were I the monopolist.

另外一个问题是,市场中有一个价格,可以理解为一种焦点价格,一个有趣的价格,这个价格是,我作为垄断企业时所选择的价格

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If P2 is actually above the monopoly price, then what's my best response in that case?

如果P2真的高于垄断价格,我的最佳对策是什么

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