Mom owns 100% of the capital stock of both Daughter Corp. and Son Corp. Daughter purchases merchandise inventory from Son at 140% of Son's cost. During year 1, merchandise that cost Son $40,000 was sold to Daughter. Daughter sold all of this merchandise to unrelated customers for $81,200 during year 1. In preparing combined financial statements for year 1, Mom's bookkeeper disregarded the common ownership of Daugher and Son. By what amount was unadjusted revenue overstated in the combined income statement for year 1

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.