When the light bulb industry becomes a competitive market, the price of the light bulb will decrease. This is due to the fact that the industry will no longer monopolize the production of light bulb, other competitors will bring their product to the market. Thus, this will result to competition which will bring the prices lower since consumers will opt to buy lower prices of the same product.
The correct answer is c) William Pitt The Elder.
He was Secretary of State during the French and Indian War and also later became Prime Minister of Great Britain later. He had success in the French and Indian War but his success created great debt.
In the postwar period, disillusionment influenced the work of many artists and writers, prompting them to question and examine "<span>war’s inevitability" among other things. </span>
Answer: are some of the oldest. Africa is where the oldest people were
Explanation: glad to help
Economic growth increase when the machinery available is useful and sufficient in the manufacture of diverse commodities that sell in the market. When there are no types of machinery, or they are insufficient, the output will be low.
Therefore, the economy, in general, has been made easier through the implementation of different types of machinery that ease the production of essential products in diverse markets. Every sector of creation has the implementation strategies that make it easier for various production activities.
