Multiple Choice
Use the following to answer question:
Figure: Pricing Strategy in Cable TV Market I
-(Figure: Pricing Strategy in Cable TV Market I) Use Figure: Pricing Strategy in Cable TV Market I.If neither CableNorth nor CableSouth advertises,then without any collusion:
A) CableNorth will begin advertising to maximize profits.
B) CableSouth will begin advertising to maximize profits.
C) there will be no incentive for either CableNorth or CableSouth to begin advertising.
D) there is an incentive for both CableNorth and CableSouth to begin advertising.
Correct Answer:

Verified
Correct Answer:
Verified
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