Asecond citizen proposes allowing the private company to charge different prices to different citizens and auctioning the right to build the museum to the highest bidding company. again, only the citizens who pay the fee may view the museum. what is the highest bid a private company would make to supply the museum to smallsville? (hint: consider the revenue a perfectly price discriminating monopolist could earn relative to the annual interest payment of $1,000.)

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John's pizzeria and equilibrium john is selling his pizza for $6 per slice in an area of high demand. however, customers are not buying his pizza. using what you learned about the principles of equilibrium, write three to four sentences about how john could solve his problem.

Exercise 7-7 martinez company reports the following financial information before adjustments. dr. cr. accounts receivable $168,900 allowance for doubtful accounts $3,200 sales revenue (all on credit) 849,300 sales returns and allowances 50,440 prepare the journal entry to record bad debt expense assuming martinez company estimates bad debts at (a) 4% of accounts receivable and (b) 4% of accounts receivable but allowance for doubtful accounts had a $1,550 debit balance. (if no entry is required, select "no entry" for the account titles and enter 0 for the amounts. credit account titles are automatically indented when the amount is entered. do not indent manually.)