Jackson, an individual, is a shareholder in cadduceus corp., a c corporation with $40,000 in accumulated earnings and profits. for $200,000 cadduceus corp. redeems some of its stock from jackson as part of a qualifying partial liquidation. jackson's adjusted basis in the stock redeemed at the time of redemption was $50,000. for tax purposes, how will jackson report the effects of this redemption of stock? a. as a $10,000 capital loss. b. as a $40,000 dividend and $110,000 capital gain. c. as a $150,000 capital gain. d. as a $40,000 dividend only.

David consumes two things: gasoline (g) and bread (b). david's utility function is u(g, b) = 10g^0.25 b^0.75. use the lagrange technique to solve for david's optimal choices of gasoline and bread as a function of the price of gasoline, p_g, the price of bread, p_b, and his income m. with recent decrease in the price of gasoline (maybe due to external shock such as shale gas production) does david increase his consumption of gasoline? for david, how does partial differential g/partial differential p_g depend on his income m? that is, how does david's change in gasoline consumption due to an increase in the price of gasoline depend on his income level? to answer these questions, find the cross-partial derivative, |partial differential^2 g/partial differential m partial differential p_g.