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. If industry output is 350 gadgets produced by Margaret and 250 gadgets produced by Ray and if Ray decides to increase output by 100, industry price will be:
Definitions:
International Location
The strategic geographical placement of a business operation or segment outside its home country.
Syndicate
A group of individuals or organizations combined to promote some common interest.
Net Present Value
A financial metric indicating the difference between the present value of cash inflows and the present value of cash outflows over a period of time.
Net Present Value
A method used in finance to calculate the value of a series of future cash flows in today's dollars.
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