Assume that on September 1, Office Depot had an inventory that included a variety of calculators. The company uses a perpetual inventory system. During September, these transactions occurred. Sept. 6 Purchased calculators from Dragoo Co. at a total cost of $1,670, on account, terms n/30 FOB shipping point.
9 Paid freight of $52 on calculators purchased from Dragoo Co.
10 Returned calculators to Dragoo Co. for $72 credit because they did not
meet specifications.
12 Sold calculators costing $480 for $620 to Fryer Book Store, on account,
terms n/30.
14 Granted credit of $41 to Fryer Book Store for the return of one calculator
that was not ordered. The calculator cost $33.
20 Sold calculators costing $600 for $690 to Heasley Card Shop, on account,
terms n/30.
Journalize the September transactions.

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Suppose the marginal damage and marginal benefit curves in a polluted neighborhood are md = p/3 and mb = 4 – p. also, suppose that transactions costs are low, so that the consumers and the firm can bargain. we saw that in this case, the socially-optimal level of pollution is achieved. start by computing the socially-optimal p. then, for each of the following cases, compute the amount of money transferred through the bargaining process, and indicate who pays whom (i.e., whether consumers pay the firm, or vice versa). also, compute the gains to each party relative to the status quo (i.e., the starting point of the bargaining process).a)consumers have the right to clean air; firm is dominant in the bargaining process.b)consumers have the right to clean air; consumers are dominant in the bargaining process.c)firm has the right to pollute; firm is dominant in the bargaining process.d)firm has the right to pollute; consumers are dominant in the bargaining proces

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