Use the following to answer question: 
-(Table: Willingness to Pay for Basketball Sneakers) The table Willingness to Pay for Basketball Sneakers shows each player's willingness to pay for basketball sneakers.Assume that each player wants to buy at most,one pair of sneakers.If the price of basketball sneakers is $130,how many pairs will be purchased?
Definitions:
Normal Balance
The usual balance of an account based on its classification in the accounting system, typically debit for assets and expenses, and credit for liabilities, equity, and revenue.
Financial Statement
Formal records of the financial activities and position of a business, person, or other entity.
Direct Write-off Method
An accounting approach where bad debts are recognized and recorded as an expense directly when they are deemed uncollectible.
General Journal
A fundamental accounting ledger that records all businesses transactions in chronological order, prior to being transferred to specific accounts.
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