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, Margaret's quantity effect will be a(n) _____ in profit of _____.
Definitions:
Secondary Labor Market
The segment of the labor market characterized by low pay, poor job security, and minimal benefits, often involving part-time or temporary work.
Job Ghettos
Occupations or job sectors predominantly occupied by a particular minority or marginalized group, often characterized by low wages and limited advancement opportunities.
Entry-Level Positions
Jobs that are designed for new entrants to the workforce, requiring minimal prior experience and typically providing training.
Professionals
Are people with specialized knowledge acquired through extensive higher education. They enjoy a high degree of work autonomy and usually regulate themselves and enforce standards through professional associations.
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