Read the case study, Spectrum The Spawn of Time Warner Cable and Charter Communications Navigates Challenges from Cord Cutting and Mobile Competition on pages $473-491$ in Baye and Prince $(2022).$Review the Business Brief Guidelines.On page $492$ of Baye and Prince $(2022),$ read Memo $2.$Write a $1-$ to $2-$page business brief that includes:Opening: Provide an overview of the memo itself to inform the reader what the outline will encompass.Evaluate how competition could lead to a price war creating a level of $0$ profits, which may create the need to develop an exit strategy from the market.Conclude with a recommendation of the how low the company should be willing to go with pricing, before it makes sense to exit the Austin market.