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.
What are they? The incandescent light bulb or lamp is a source of electric light that works by incandescence, which is the emission of light caused by heating the filament. They are made in an extremely wide range of sizes, wattages, and voltages. Incandescent bulbs are the original form of electric lighting and have been in use for over 100 years.