Caddo corporation is owned by three engineers, all of whom are employed by the corporation. it primarily performs civil engineering activities with respect to construction projects. during the current year, caddo corporation earned $150,000 of taxable income. caddo has not elected to be taxed under subchapter s. what is caddo’s current-year regular tax liability?

Total marketing effort is a term used to describe the critical decision factors that affect demand: price, advertising, distribution, and product quality. define the variable x to represent total marketing effort. a typical model that is used to predict demand as a function of total marketing effort is based on the power function: d = axb suppose that a is a positive number. different model forms result from varying the constant b. sketch the graphs of this model for b = 0, b = 1, 0< b< 1, b< 0, and b> 1. (we encourage you to use excel to do this.) what does each model tell you about the relationship between demand and marketing effort? what assumptions are implied? are they reasonable? how would you go about selecting the appropriate model?