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 the two firms in the cable TV market collude:
A) both firms advertise,and each earns $100,000.
B) neither firm advertises,and each earns $150,000.
C) CableNorth advertises and earns $130,000,while CableSouth does not advertise and earns $70,000.
D) both firms advertise and each earns $130,000.
Correct Answer:

Verified
Correct Answer:
Verified
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