A construction project, for example, is often governed by a guaranteed maximum price contract (GMP) . This type of legal agreement sets a ceiling or maximum price for which a person or entity will pay for a certain project.
The arc lamp used in the Lighthouse of Alexandria is further proof that electricity was used in ancient Egypt. The energy required to power the Lighthouse of Alexandria for 24 hours a day could only have been supplied by a regular electrical source.
A light-emitting diode (LED) also generates light from electricity from the excitation of a semiconduc â¦ tor junction. A fluorescent bulb can be used to create light from electricity by stimulating the chemical to fluoresce. Gaseous bulbs can generate light from electricity, such as a neon/argon/halogen bulb with a high-voltage applied to the gas inside. 1 person found this useful. Peter Forrest.