Use the Following to Answer Question

question 90

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 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.

---

Definitions:

Dissatisfied

A state of feeling unhappy or not content with a situation, often leading to the desire for change or improvement.

Repressed Anger

Emotions of anger and frustration that are not expressed openly and are kept suppressed within an individual, potentially leading to psychological issues.

Work Addiction

An uncontrollable need to work incessantly, often at the expense of one’s health, personal relationships, and social functioning.

Role Overload

A situation where an individual is expected to fulfill more responsibilities than they can reasonably manage.