Answer:
So then as we can see if the demand is constant the first sold would be the correct answer for this case. Because assuming the demand constant and we have more than 1 supplier with the same price the first one would sold the good or service on this case the house.
Explanation:
The law of demand and supply "is an inverse relationship between the supply and prices of goods and services when demand is unchanged. If there is an increase in supply for goods and services while demand remains the same, prices tend to fall to a lower equilibrium price and a higher equilibrium quantity of goods and services".
So then as we can see if the demand is constant the first sold would be the correct answer for this case. Because assuming the demand constant and we have more than 1 supplier with the same price the first one would sold the good or service on this case the house.
Bringing products and services to consumers in the u.s. that were previously available only in other countries is an advantage of: international trade.
<h3>What is meant by international trade?</h3>
This is the term that is used to refer to the trade that is carried out between two different nations.
It is when the nations are able to engage in buying and selling the goods that they have in their home countries and taking the ones that they do not have from other countries.
Hence we can say that bringing products and services to consumers in the u.s. that were previously available only in other countries is an advantage of: international trade.
Read more on international trade here: brainly.com/question/15115779
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Answer:
$180,000
Explanation:
Given that
Current E & P = $240,000
Distribution to Larry = $450,000
The computation of current E & P is allocated to Larry's distribution is shown below:-
Current E & P is allocated to Larry's distribution = (Current E & P × Distribution to Larry) ÷ Total distribution
= ($240,000 × $450,000) ÷ $600,000
= $108,000,000 ÷ $600,000
= $180,000
