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 industry output is 300 gadgets produced by Margaret and 200 gadgets produced by Ray and if Ray decides to increase output by 100, industry price will be:
Definitions:
Corner Offices
Offices located at the corner of a building, often implying a prestigious or desirable location typically occupied by senior executives.
Economic Concept
A theoretical idea or principle that forms the basis of economic analysis and understanding, such as supply and demand.
High-rise
A building that is significantly taller than the average structure, often used for residential or commercial purposes.
Recycling
The process of converting waste materials into new materials and objects, aiming to reduce consumption of fresh raw materials, decrease energy usage, reduce air pollution (from incineration) and water pollution (from landfilling).
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