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The following table shows a monopolist's demand curve and cost information for the production of its good. What quantity will it produce and sell to maximize profits?
Quantity
Price per Unit
Total Cost
10
$14
$20
20
$12
$60
30
$10
$120
40
$8
$200
50
$6
$300
60
$2
$420
Overall, the Degree of Rivalry in the North American Pharmaceuticals Industry is strong. The MOST important driver of degree of rivalry is _______.
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