The Following Matrix Shows the Pricing Strategies and Resultant Profits

Multiple Choice

The following matrix shows the pricing strategies and resultant profits (in thousands of dollars) for two profit-maximizing firms.
Table 9-1
$\begin{array} {c}\quad\quad \text { Firm B} \\\begin{array}{ | c | c | c | } \hline \text { Firm } \mathrm { A } & \text { High } & \text { Low } \\\hline \text { High price } & 35,35 & 21,41 \\\hline \text { Low price } & 37,21 & 30,30 \\\hline\end{array} \end{array}$
-Refer to Table 9-1. If the firms are able to enforce a collusive agreement, which of the following is most likely?

A) Firm A will earn profit equal to $41,000.
B) Firm A will earn a higher profit than Firm B.
C) Firm A will set a high price while Firm B will set a low price.
D) Firm A and Firm B will earn set a low price.
E) Firm A and Firm B will earn profit equal to $35,000.