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Figure: Pricing Strategy in Cable TV Market II Use the following to answer question: Figure: Pricing Strategy in Cable TV Market II -(Figure: Pricing Strategy in Cable TV Market II) Use Figure: Pricing Strategy in Cable TV Market II.The Nash equilibrium in the cable TV market occurs when: A) both firms set a low price and each earns $90,000. B) both firms set a high price and each earns $100,000. C) CableNorth sets a high price and earns $80,000,and CableSouth sets a low price and earns $130,000. D) CableNorth sets a low price and earns $130,000,and CableSouth sets a high price and earns $80,000.
-(Figure: Pricing Strategy in Cable TV Market II) Use Figure: Pricing Strategy in Cable TV Market II.The Nash equilibrium in the cable TV market occurs when:


A) both firms set a low price and each earns $90,000.
B) both firms set a high price and each earns $100,000.
C) CableNorth sets a high price and earns $80,000,and CableSouth sets a low price and earns $130,000.
D) CableNorth sets a low price and earns $130,000,and CableSouth sets a high price and earns $80,000.

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