A. Use the midpoint formula to calculate elasticity of demand for the following data values for product A. Must show work to receive full points. (Correct work 4 points Correct answer 2 points)Price Quantity$10 200$12 160B. Your goal is to maximize revenue for product A. After finding the elasticity of demand for product A, would you do anything to the price of product A? Explain in detail what would you do and why. (3 points Answer must be in sentences)

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.)