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.If industry output is 700,each firm's profits will be _____ than they would be at the output of 500,which maximizes industry profit.
Definitions:
P-value
The probability of obtaining test results at least as extreme as the ones observed, assuming the null hypothesis is true.
Statistical Table
A table that displays data in a structured format, often used to summarize and present statistical results.
Restaurant Types
Categories of dining establishments distinguished by factors such as cuisine, service style, pricing, and ambiance.
P-value
A statistical measure that helps scientists determine the significance of their data relative to a specified hypothesis, indicating the probability of observing the given result by chance.
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