Supreme Wireless (Figure: Oligopoly Pricing Strategy in Wireless TV Market II) Use Figure: Oligopoly Pricing Strategy in Wireless TV Market II. The Nash equilibrium in the cable TV market occurs when: Next Wireless High price Low price Next Wireless Next Wireless earns $100,000 earns $130,000 High príce Supreme Wireless Supreme Wireless earms $80,000 earns $100,000 Next Wireless Next Wireless earns earns $80,000 $90,000 Low price Supreme Wireless Supreme Wireless earns $90,000 earms $130,000 both firms set a low price, and each earns $90,000. both firms set a high price, and each earns $100,000. Next Wireless sets a high price and earns $80,000, and Supreme Wireless sets a low price and earns $130,000, Next Wireless sets a low price and earns $130.000, and Supreme Wireless sets a high price and earns $80,000.

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