Use the Following to Answer Question

question 257

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 industry output is 350 gadgets produced by Margaret and 250 gadgets produced by Ray and if Ray decides to increase output by an additional 100 gadgets,Margaret's profit will be _____,and Ray's profit will be _____.

• A)$1,750;$1,250
• B)$1,250;$1,250
• C)$1,400;$1,000
• D)$1,050;$1,050

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Definitions:

360-degree Feedback

A comprehensive appraisal method that gathers feedback on an employee from their supervisors, peers, subordinates, and sometimes clients.

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Pertaining to the organization, management, or execution of office tasks, policies, or procedures within a business or institution.