Expert Answer :If maximising profits means maximising viewing aud

Solved by a verified expert :there are 2 tv stations. one day ,each has the choice of brooding an baseball game or the ballet:70 percent of the viewers want to watch the baseball game;30 percent want to see the ballet. each would rather have their fingernails removed than watch the alternative programme. if both stations show the same programme, they split the audience evenly between them.(a)if maximising profits means maximising viewing audience, what programmes will the two stations broadcast? is the market equilibrium efficient?why or why not?(b)could the stations make a deal that would make them both better off compared to the market equilibrium you found above?explain.