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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
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What do they do? One of the problems that it produces is the more people you have, up to a point that's good.
他们都干些什么呢,其中一个问题是,人越多,产出就越大,这在达到临界点之前是好事
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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
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The idea was to give cows away to village farmers and to observe the outcome.
他们计划赠予村民奶牛,然后观察产出
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If they so much determine our outcome, in the athletic field, in the workplace, in a relationship-- if it matters so much, then how can we raise our beliefs?
如果它们决定我们的产出，无论在体育场上，还是在工作地点，在人际关系上-,如果它如此重要，那么该如何加强信念？
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What did it produce? The cuckoo clock.
产出了什么？，咕咕钟。
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He's a monopoly; so she's a monopolist, so we know how to figure out monopoly quantities from what we did in 115 or equivalent courses.
她会形成垄断,我们都知道如何计算垄断产出,在115或者类似课程中都学过的
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a lot of focus is on what is the range of moderately probable outcomes.
将很多精力用于确定,可能性产出的合理范围。
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Fruits from the trees -- what have I left out Curtis, anything?
果树产出各种水果,柯蒂斯我遗漏了什么吗
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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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So this is the perfect competition quantity.
这个就是完全竞争产出
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So this is something that's called the Cournot quantity.
这被称作古诺产出
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That's the competitive quantity.
是完全竞争产出
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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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