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 to this open question is the following.
Although there are no options attached we can say the following.
The President presents an award to the artist who created a statue in
honor of the 500th anniversary of Christopher Columbus' voyage to
America. The president's role is the Chief Executive.
As the leader of the executive branch, the President of the United States has many roles.
He is the Chief of the State. He is the commander-in-chief of the US armed forces(Army, Navy, Air Force, and Coastal Guard). He is the Chief of State. He has the power to appoint the members of his cabinet. And he is the Chief Diplomat.
Where are the list of presidents?
