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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.
Answer:
The Counter-Reformation, also called the Catholic Reformation or the Catholic Revival, was the period of Catholic resurgence that was initiated in response to the Protestant Reformation. It began with the Council of Trent and largely ended with the conclusion of the European wars of religion in 1648.
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Answer:
Both Athens and Sparta had an Assembly, whose members were elected by the people. Sparta was ruled by two kings, who ruled until they died or were forced out of office. Athens was ruled by archons, who were elected annually.
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