Wildhorse corporation issued a 6-year, $72,000, zero-interest-bearing note to garcia company on january 1, 2017, and received cash of $72,000. in addition, wildhorse agreed to sell merchandise to garcia at an amount less than regular selling price over the 6-year period. the market rate of interest for similar notes is 11%. prepare wildhorse corporation’s january 1 journal entry.

What is the relationship between marginal external cost, marginal social cost, and marginal private cost? a. marginal social cost equals marginal private cost plus marginal external cost. b. marginal private cost plus marginal social cost equals marginal external cost. c. marginal social cost plus marginal external cost equals marginal private cost. d. marginal external cost equals marginal private cost minus marginal social cost. marginal external cost a. is expressed in dollars, so it is not an opportunity cost b. is an opportunity cost borne by someone other than the producer c. is equal to two times the marginal private cost d. is a convenient economics concept that is not real

You were able to purchase two tickets to an upcoming concert for $100 apiece when the concert was first announced three months ago. recently, you saw that stubhub was listing similar seats for $225 apiece. what does it cost you to attend the concert?

In microeconomics, the point at which supply and demand meet is called the blank price