Question

英语翻译-请不要用翻译软件来敷衍！

问：explain why collusive agreements often break down into competition and why repeated interaction by the firms may lessen this tendency

答:collusive agreements break down because,while they are profitable if everyone sticks to the monopoly price,a single firm can do even better if it sells slightly below the monopoly price while the other cartel members stick to the agreement.Thus everyone has the incentive to cheat.When the firms in the cartel interact with each other repeatedly,they have the chance to punish chaeating by responding with a lower price,and they can develop a reputation for sticking to the agreement so other firms will see it’s profitable to join them in keeping the price up.

Answer 1

问：请解释为何勾结协议常常分解成竞争，并且为何公司反复互动可以减弱这种趋势？

答：勾结协议分解是由于如果所有人坚持垄断价格，那么他们是有利可图的，而当其他垄断联盟的成员仍坚持协议,单个公司以略低于垄断价格的价位销售时则该公司可以获得更高的利润。因此会驱使所有人欺瞒。当垄断联盟中的公司之间反复作用，他们则会以实行更低的价格来惩戒欺诈行为，并且他们会以坚持协议而提升声誉，使其他公司看到有利可图而加入到抬升价格的行列。