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 at a marginal cost of $2 and no fixed cost. If the industry were perfectly competitive, the output would be _____ gadgets, and the price would be _____.
Definitions:
Toxic Sources
Influences or materials that are harmful or poisonous, potentially causing damage to health or well-being.
Native American, Hispanic, and African American
These terms refer to specific ethnic and racial groups in the United States, each with unique cultural, historical, and social experiences.
Malthusian Theory
A theory proposed by Thomas Malthus suggesting that population growth will outpace agricultural production, leading to widespread poverty and famine.
Populations Grow
The increase in the number of individuals in a population, often influenced by factors such as birth rates, mortality rates, and migration patterns.
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