Answer:
Option: b. British control over India.
Explanation:
The Suez Canal is a man-made waterway that unites the Red Sea and the Mediterranean Sea. It is also the shortest trade link between Europe and Asia. The Suez Canal located in Egypt, and during the 19th century, it was under the control of the British. The Canal played an essential role in increased British influence in India through colonization. It was a safe passage on strategic waterways for the British during colonialism.
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.
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