Use the following to answer questions:
Figure: Pricing Strategy in Cable TV Market II 
-(Figure: Pricing Strategy in Cable TV Market II) Look at the figure Pricing Strategy in Cable TV Market II. If CableNorth followed a high-price strategy one month just to find it only earned $80,000 because CableSouth followed a low-price strategy, and CableNorth decided to lower prices for the next month, we would say that CableNorth is following:
Definitions:
Degree of Operating Leverage
A measure of how sensitive a company's operating income is to a change in sales, indicating the extent to which fixed costs are used in the production process.
Unit Variable Cost
The cost associated with producing one additional unit of a product, encompassing both materials and labor.
Monthly Sales
The total revenue generated from sales activities within a one-month period.
Selling Price
Selling price is the amount of money charged for a product or service, determined by costs, market demand, and competition.
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