第三章奠定了铁矿石市场价格机制的基本原理。

Chapter 3 founds the basic rules of price mechanism of iron ore market.

youdao

用市场价格机制调节人们的用水行为可以保证水资源的利用效率，但是却不能保证公平。

Using market price mechanism to adjust peoples behavior of using water can guarantee the efficiency of using water resources, but not justice.

youdao

掠夺性定价的危害性主要表现为对市场价格机制的扭曲、对公共利益的侵害以及阻碍了市场的有效竞争。

Dangers of predatory pricing in the market mainly for the distortion of the price mechanism, and against the public interest, as well as impede effective competition in the market.

youdao

So new and a competitive fringe of firms is going to enter and drive prices down.

大批新公司的进入引入了竞争机制,压低了市场价格

耶鲁公开课 - 博弈论课程节选