Figure: Pricing Strategy in Cable TV Market II CableNorth High price Low price CableNorth CableNorth eams eams $100,000 $130,000 High price Cable South Cable South eams $100.000 CableNorth eams $80,000 Cable South earns $80,000 CableNorth earns $90,000 Low price Cable South earns $130,000 Cable South earns $90,000 (Figure: Pricing Strategy in Cable TV Market II) Use Figure: Pricing Strategy in Cable TV Market II. Suppose that, after one month, the cable providers follow a tit-for-tat strategy. Eventually, they Will achieve a tacit collusive equilibrium at which: Select one: a. CableNorth sets a low price and earns $130,000, and CableSouth sets a high price and earns $80,000 b. CableNorth sets a high price and earns $80,000, and CableSouth sets a low price and earns $130,000. c. both firms set a low price and each earns $90,000. d. both firms set a high price and each earns $100,000