Cablesouth Advertising No Advertising Cablenorth Advertising No Advertising Cablenorth Ears 70 000 Cablenorth Earns 10 1 (49.63 KiB) Viewed 6 times
Cablesouth Advertising No Advertising Cablenorth Advertising No Advertising Cablenorth Ears 70 000 Cablenorth Earns 10 2 (8.36 KiB) Viewed 6 times
CableSouth Advertising No Advertising CableNorth Advertising No Advertising CableNorth ears $70,000 CableNorth earns $100,000 CableSouth earns $100,000 is not to advertise. Ois to advertise. does not exist. CableNorth earns $130,000 Cable South CableSouth earns $70,000 earns $150,000 Reference: Ref 14-12 Figure: Pricing Strategy in Cable TV Market I CableNorth's dominant strategy: CableSouth earns $130,000 is to do whatever CableSouth does. CableNorth eams $150,000
5. Suppose five firms have the following market shares: 35%, 20%, 20%, 15%, 10%. What is the HHI for the industry?
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