Answer:
Total revenue equals total Expenditure in a market where transaction costs are zero. This is because what consumer pays is received in total by the supplier. That is consumers pay price quantity which is total Expenditure. Hence total Expenditure equals total revenue.
The air pollution in London reached its highest point around 1875.
As a result of the Industrial Revolution, London became:
- overpopulated
- heavily polluted
- quite noisy
From the description of the graph, we can tell that around the year 1875, London suffered the highest air pollution shown by the graph as air pollution reached 610 micrograms per cubic meter.
In conclusion, 1875 saw the worst air pollution in London according to this graph but it is a good thing that this has improved massively as of 2016.
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Nationalism affected and inspired the democratic reform by
