Use the Following to Answer Questions

question 238

Multiple Choice

Use the following to answer questions:
-(Table: Demand Schedule for Gadgets) Look at the table Demand Schedule for Gadgets. The market for gadgets consists of two producers, Margaret and Ray. Each firm can produce gadgets with no marginal cost or fixed cost. Suppose that these two producers have formed a cartel, agreed to split production of output evenly and are maximizing total industry profits. If Margaret decides to cheat on the agreement and sell 100 more gadgets, the market price of gadgets will be:

• A) $4.
• B) $5.
• C) $6.
• D) $7.

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Definitions:

Firewalls

Security systems that monitor and control incoming and outgoing network traffic based on predetermined security rules, protecting networks from unauthorized access.

DMZ

Demilitarized Zone, a network segment that acts as a secure buffer between an internal network and untrusted external networks, such as the internet.

Typing

The action or skill of writing text by pressing keys on a typewriter, keyboard, or touch screen.

Password

A private combination of characters that only the user should know.