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:
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Explanation:
- Romans sacrificed animals such as bulls, sheep and pigs. People worshipped the gods in temples where they made sacrifices of animals and precious things. The Romans believed that blood sacrifices were the best way to communicate with the gods. Sheep were often sacrificed to Jupiter.
Answer: Trade unions are organizations that represent the interests of workers.
Explanation:
Trade unions are an integral part of many industries and corporations around the world. Their task is to represent the interests of the workers. In the United States, the existence of a trade union was established by law in 1935. The unions negotiate with employers about wages, working conditions, benefits and work organization. The strongest unions in the world today are parts of the public sector, such as the police, teachers, civil servants and the like.
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