The winner of the first annual Tom Morris Golf Invitational won $120 in the competition which was held in 1902. In 2015, the winner received $1,490,000. If the winner's purse continues to increase at the same interest rate, how much will the winner receive in 2053

Large public water and sewer companies often become monopolies because they benefit from although the company faces high start-up costs, the firm experiences average production costs as it expands and adds more customers. smaller competitors would experience average costs and would be less