In the second case, if both firms undercut each other, you end up with low prices, that's actually good for consumers but bad for firms.
在第二个案例中,如果两家企业互相削弱,最终会压低价格,这对消费者有利,但对企业不利
And then from a welfare point of view, from a policy point of view, we're interested about whether this is good for consumers or good for producers or what.
其次,从政治上的福利观点来看,我们还需要研究,这对消费者有利还是对生产者有利
we have consumers under pressure because of their overextension of credit and they're having overpaid for houses over the last handful of years.
一些承受压力的消费者,因为过度贷款,他们不得不在过去的几年时间里,在买房子的时候花费了更多的钱。
That's good for us the consumers, but bad for the firm, bad for industry profit.
这对消费者来说是有利的,但对企业和行业的利润是不利的
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