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WARRIOR [948]
2 years ago
9

In the year 2014, how much money in sales did Wal-Mart make?

Advanced Placement (AP)
1 answer:
White raven [17]2 years ago
7 0

Answer: In the year 2014, Walmart made more than $279 billion, an increase of $5 billion, or 1.8 percent, from last year.

Explanation:

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<h3>What is Search engine optimization metrics?</h3>

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2 years ago
What is an example of something Mawi has accomplished in his life? Learned to write and speak English Became a computer programm
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Answer: learned to write and speak English

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3 years ago
Select the correct answer.
vitfil [10]

✳✴Hopefully this will help you!!✳✴

❄<u>Edwin Hubble made many important contributions to astronomy. Up until his observations in 1922, scientists were of the opinion that the universe consisted of only one galaxy: the Milky Way. Hubble's observations of Cepheids and subsequent measurement of their distances (using Henrietta Swan Leavitt's calculations) showed that many celestial objects were too far away to be part of the Milky Way and were actually galaxies themselves.❄</u>


<u>❄By calculating the distances to many newly found galaxies, Hubble also discovered that the galaxies were receding away from Earth and that the speed of recession was proportional to the distance. This established the fact that the universe was expanding, which changed the entire consensus (from the time of Newton) that the universe was finite. It also backed up Georges Lemaître's theory that the universe had a beginning (later called the Big Bang).❄</u>

<u>incorrect Answers:</u>

A̶. H̶e̶ ̶d̶i̶s̶c̶o̶v̶e̶r̶e̶d̶ ̶v̶a̶r̶i̶a̶b̶l̶e̶ ̶s̶t̶a̶r̶s̶.

B. H̶e̶ ̶p̶r̶o̶v̶e̶d̶ ̶t̶h̶a̶t̶ ̶t̶h̶e̶ ̶h̶e̶l̶i̶o̶c̶e̶n̶t̶r̶i̶c̶ ̶m̶o̶d̶e̶l̶ ̶a̶c̶c̶u̶r̶a̶t̶e̶l̶y̶ ̶d̶e̶s̶c̶r̶i̶b̶e̶d̶ ̶o̶u̶r̶ ̶s̶o̶l̶a̶r̶ ̶s̶y̶s̶t̶e̶m̶.

C. H̶e̶ ̶f̶o̶u̶n̶d̶ ̶a̶ ̶r̶e̶l̶a̶t̶i̶o̶n̶s̶h̶i̶p̶ ̶b̶e̶t̶w̶e̶e̶n̶ ̶t̶h̶e̶ ̶p̶e̶r̶i̶o̶d̶ ̶l̶u̶m̶i̶n̶o̶s̶i̶t̶y̶ ̶a̶n̶d̶ ̶d̶i̶s̶t̶a̶n̶c̶e̶ ̶o̶f̶ ̶s̶t̶a̶r̶s̶.

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⭕E. He discovered that the universe was expanding.

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3 years ago
Which of the following will occur if the government institutes an effective price ceiling on bottled drinks?
DanielleElmas [232]
The question asks which of the following, but there are no choices. I don't know if it is supposed to be answered in context to a specific situation, so I'll just explain what happens with price ceilings in general.

Assuming the government sets the ceiling below the equilibrium price (where supply and demand cross), demand will be higher while supply will be lower. This is due to the fact that consumers want to buy more since the drinks are cheaper, and producers want to produce fewer bottles since they are not making as much money. This creates a shortage.

The new quantity supplied will be where the supply curve crosses the horizontal price ceiling line, and the new quantity demanded will be where the demand curve crosses the price ceiling.

If we were to draw the graph of supply and demand, the area to the left of the equilibrium point and between the supply and demand curves represents total surplus. The area above the equilibrium price (NOT the price ceiling) and below demand is consumer surplus because there is extra value that consumers are willing to pay, however they don't have to because the price is lower. The area below the equilibrium price and above supply is producer surplus because The price is higher than the minimum value the producer has for the product.

That being said, with a price ceiling in place, the new price is lower and the quantity supplied is less. That means that there is less total surplus. This results in deadweight loss.
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3 years ago
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