If Coke is the low price it sells this amount and its profits are basically given by this equation.

如果可口可乐价格低那它就销售这个销量,利润基本上就是由这个公式决定

耶鲁公开课 - 博弈论课程节选

So if Pepsi is the low price drink in the market then no Coke is sold at all.

如果在市场上百事可乐的价格较低,可口可乐就卖不出去

耶鲁公开课 - 博弈论课程节选

And the telephone companies in the United State, generally about 200 billion dollars a year carrying long distance telephone conversations and they thought this conversations might be carried for free over the internet was quite shocking to them. Of course free is very low price, and they are not like it to be free.

美国的各电话公司，一般大约有每年2千亿美元,来自长途电话会话，他们认为,这些会话有可能通过互联网免费传输,对他们来说是相当震惊的，当然了,免费是很低的价格了，他们不希望它免费。

麻省理工公开课 - 媒体、教育、市场课程节选

So there's a panic in the market for securitized mortgages - and the price is often very low or if it's they're very hard to market and hard to sell.

所以，在市场上,证券化按揭贷款引起了恐慌,并且价格通常很低或者说如果它,他们很那出售而且对市场不利。

耶鲁公开课 - 金融市场课程节选

If Pepsi is the low price then Coke sells nothing.

如果百事的价格低则可口可乐就卖不出去

耶鲁公开课 - 博弈论课程节选

So if P1 is less than P2--so if they're the low price firm-- if Coke is the low price firm, only Coke sells in the market.

如果P1小于P2,公司1的价格较低,如果可口可乐的价格较低,市场上将只销售可口可乐

耶鲁公开课 - 博弈论课程节选

Well it's going to 1 -P1 if they're the low price firm.

如果公司1的价格较低,它是1-P1

耶鲁公开课 - 博弈论课程节选

If a company--if its stock sells for less than its assets are worth then the company maybe should be broken up and the assets taken and given somewhere else because the low stock price indicates a problem.

如果一家公司---如果它的股票卖的,比它的资产价值低,那么这家公司也许就应该破产，并且,它的资产就应该被占用或分配到其他地方,因为低的股票价格预示着一个危机。

耶鲁公开课 - 金融市场课程节选