Crossroads mall had 100,000 outstanding shares of common stock. on june 16, 2018, crossroads repurchased 20,000 shares of its own stock at $30 per share on july 23, 2018, crossroads resold 10,000 shares at $28 per share. what net effect did the repurchase and the resell of common stock have on the accounting equation?
a. increase in assets and decrease in stockholders' equity.
b. decrease in assets and increase in stockholders' equity.
c. increase in assets and increase in stockholders' equity.
d. decrease in assets and decrease in stockholders' equity

Suppose there are three types of consumers who attend concerts at your university’s performing arts center: students, staff, and faculty. each of these groups has a different willingness to pay for tickets; within each group, willingness to pay is identical. there is a fixed cost of $1,000 to put on a concert, but there are essentially no variable costs. for each concert: i. there are 140 students willing to pay $20. (ii) there are 200 staff members willing to pay $35. (iii) there are 100 faculty members willing to pay $50. a) if the performing arts center can charge only one price, what price should it charge? what are profits at this price? b) if the performing arts center can price discriminate and charge two prices, one for students and another for faculty/staff, what are its profits? c) if the performing arts center can perfectly price discriminate and charge students, staff, and faculty three separate prices, what are its profits?