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1) The table below represents the demand curve for a cancer treatment drug in the fictional country of Frobia . Frobia is a small, low-income
1) The table below represents the demand curve for a cancer treatment drug in the fictional country of Frobia . Frobia is a small, low-income country with no public health care system. Few people are covered by insurance. The price is for a bottle that contains a one-month supply of the drug. Assume that one drug company, BigPharma, has a patent on this drug, and there are no close substitutes. BigPharma is the sole legal provider of this drug in Frobia. Use this information to answer the following questions.
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