Use the Following to Answer Question

question 24

Multiple Choice

Use the following to answer question:
-(Table: Demand Schedule of Gadgets) Use Table: Demand Schedule of Gadgets.The market for gadgets consists of two producers,Margaret and Ray.Each firm can produce gadgets with no marginal cost or fixed cost.If these two producers formed a cartel and acted to maximize total industry profits,total industry profit would be:

• A)$10,000.
• B)$5,000.
• C)$2,500.
• D)$1,250.

---

Definitions:

Pyridoxine

Another name for Vitamin B6, a water-soluble vitamin important for normal brain development and for keeping the nervous and immune systems healthy.

Egg Yolks

The yellow, nutrient-rich part of an egg that contains fats, proteins, vitamins, and minerals, serving as a primary food source for the developing embryo.

Fortified Breads

Breads that have been enriched with additional vitamins and minerals, beyond what they naturally contain.