Konwing is not enough; We must apply.

知道远远不够，我们必须实践。

youdao

Thee alternative to competition is monopoly, where there's a single supplier of a good or a service and that person konwing there's no competition has the opportunity to put up prices.

费尔斯说，与竞争相对的是垄断。 当某种商品或服务只由唯一的供应商提供给市场时，供应商知道没有竞争，就有可能提高价格。

youdao