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 these two producers formed a cartel and acted to maximize total industry profits, total industry output would be _____ and the price would be _____.
Definitions:
Job Prospects
The potential for employment and career advancement in a particular field or industry.
Rumored Merger
Speculation or unconfirmed reports about two or more companies planning to combine their operations.
Job Loss
Job loss occurs when an individual's employment is terminated, either due to layoffs, dismissal, or company closures, resulting in unemployment for the affected person.
HR Workers
Employees within the HR Department responsible for executing various human resources functions such as recruitment, employee relations, and payroll.
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