Use the following to answer questions:
Figure: Monopoly Profits in Duopoly 
-(Figure: Monopoly Profits in Duopoly) The efficient solution in the figure Monopoly Profits in Duopoly is found where price is _____ and quantity is _____.
Definitions:
Production Technology
The body of methods, processes, and equipment used to produce goods and services efficiently.
Service Labor
The work performed by individuals or employees in the service sector as part of delivering intangible goods and customer experiences.
Process Strategy
A company's approach to transforming resources into goods and services.
Transformation Strategy
A comprehensive approach a company adopts to change its business processes and operations in order to achieve specific goals.
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