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.
Answer:
Congress passed an amendment to the Espionage Act — called the Sedition Act of 1918 — which further infringed on First Amendment freedoms. The law prohibited: ... Federal officials charged Debs with violating the Espionage Act of 1917. The U.S. Supreme Court upheld his conviction in Debs v.
Explanation:
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Answer:
Due to the exorbitant taxes imposed by the government, most of the tea entering Britain in the 1770s was illegally
trafficked into the country.