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.
Answer:
Kings were buried in multi-roomed, rock-cut tombs in the valley of the kings and no longer in pyramids.
it would be Richard Nixon
This union between these two individuals created Spain
The joint-stock company was the forerunner of the modern corporation. In a JOINT-STOCK VENTURE, stock was sold to high net-worth investors who provided CAPITAL and had limited RISK. These companies had proven profitable in the past with trading ventures. The risk was small, and the returns were fairly quick.
