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 fluorescent lamp converts electrical energy into useful light much more efficiently than incandescent lamps. The typical luminous efficacy of fluorescent lighting systems is 50â100 lumens per watt, several times the efficacy of incandescent bulbs with comparable light output.