That's certainly true, okay. So that's true, so as it pushes me below cost, that's certainly true.
那是当然的,那是正确的,会导致我的价格低于成本,那当然是正确的
So the other guy is pricing below costs, the way which I avoid making losses is to set my price above his price.
所以另一家公司定价低于成本,我想要避免损失的方法是,将我的价格设定得比它高
Maybe the company has a $15 equity price $14.8 and will be short $.15 of the equity, which we'll try and keep all the way down.
也许这个公司有价格为15美元的股票,我们会使其价值持续低于,并且努力保持这种状况。
In particular, they'll be lower here than costs and so you'll make losses on that product.
这种情况下,价格会低于成本,你越生产越赔钱
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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