Use the Following to Answer Question

question 68

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 at a marginal cost of $2 and no fixed cost.If industry output is 300 gadgets produced by Margaret and 200 gadgets produced by Ray and if Ray decides to increase output by an additional 100 gadgets,industry price will be:

• A)$4.
• B)$3.
• C)$2.
• D)$1.

---

Definitions:

Connective Tissues

Tissues that support, bind together, and protect organs, including bone, cartilage, tendons, and fat.

Lymphatic Tissues

Parts of the immune system comprised of clusters of lymphocytes and other cells, such as lymph nodes and the spleen, that help protect against pathogens.

Orbicularis Oris Muscle

A complex of muscles in the lips that encircles the mouth; it is responsible for movements such as puckering and closing the mouth.

Uvula

Small, grape-like appendage at the posterior margin of the soft palate.