Figure: Pricing Strategy in Cable TV Market II

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.The noncooperative equilibrium in the cable TV market is when:

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