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Business, 29.04.2021 19:10 jamarengle2

emand Schedule of 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 an additional 100 gadgets, Margaret's profit will be , and Ray's profit will be . $1,250; $1,250 $600; $600 $1,750; $1,250 $1,400; $1,000

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emand Schedule of Gadgets. The market for gadgets consists of two producers, Margaret and Ray. Each...
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