Multiple Choice
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 noncooperative equilibrium in the cable TV market occurs when:
A) CableNorth sets a high price and earns $80,000,and CableSouth sets a low price and earns $130,000.
B) CableNorth sets a low price and earns $130,000,and CableSouth sets a high price and earns $80,000.
C) both firms set a low price and each earns $90,000.
D) both firms set a high price and each earns $100,000.
Correct Answer:
Verified
Correct Answer:
Verified
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