Use the Following to Answer Question

question 91

Multiple Choice

Use the following to answer question:
-(Table: Demand Schedule of Gadgets) Use Table: Demand Schedule of 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 profit will be _____,and Ray's profit will be _____.

• A)$1,250;$1,250
• B)$500;$500
• C)$1,400;$1,000
• D)$1,000;$1,400

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Definitions:

Sodium Channels

Proteins in cell membranes that allow sodium ions to pass through, crucial for generating and transmitting electrical signals in neurons.

Diffusion

The process by which molecules move from an area of higher concentration to one of lower concentration.

Dye

A substance used to impart color to materials, such as textiles, paper, and other substrates, through a process of absorption or chemical bonding.

Electrostatic Pressure

The force exerted by the electrostatic field on charged particles, affecting their movement and distribution.