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Question: Light Bulbs: Shining a Light on Bulb Recycling We've received several questions about recycling light bulbs, ranging from regular incandescents to compact fluorescents (CFLs). First off, recycling incandescent bulbs is not on the priority list, because they don't contain toxic materials and don't offer much in the way of recoverable resources. It is important to recycle the far more energy-efficient CFLs. Home Depot Canada is aiming to recycle 1.5 million bulbs by 2011 and says all components from the bulbs will be reused in creating a host of new products, including glass bottles and jars, baseball bats, and products for the lighting industry. Lasting six to 10 times longer than the average incandescent bulb and using up to 75 percent less electricity, CFLs save on power consumption and cut your electricity bill. When properly recycled, CFLs are definitely your best bet for the environment-and your pocketbook.
Draw a graph to illustrate and explain how government actions might achieve an efficient outcome in the market for bulbs.
What are the costs of making those "systematic mistakes"? Is it possible to act "irrationally," or is rationality defined by the individual's approach to decision making?
Suppose the production function is C = L(0.5) x M(0.75), does the production function exhibits increasing returns to scale, decreasing returns to scale or constant returns to scale? Explain your answer.
If the price of graham crackers is $2.50 should firms raise or lower their prices if they want to increase revenue?
what is the difference between net income and operating cash flow? what is the difference between the primary and the
Is the FASB correct in attempting to separate stock options from stock appreciation rights that are payable in cash.
1. what types of products are phone services and electricity?2. why does a firm spend an enormous amount on advertising
a friend of mine came to penn state in the 1970s and told me that sticky buns at the college diner cost .75 75 cents in
Calculate the magnitude of the consumer surplus and producer surplus in the pre-tax equilibrium and calculate the tax revenue in the post-tax equilibrium
A manufacturer is considering changing its process to reduce pollution emissions. The current process has an annual operating cost of $850,000 and an annual waste disposal cost of $150,000. The new process will have an annual operating cost of $700,0..
Describe the statistical significance of the three estimated parameters using a significance level of 5 percent.
Marginal Analysis Think about a recent decision you made in which you used the tools of marginal analysis. Describe in detail the problem, the individual steps.
1. if the economy is in equilibrium and suddenly the level of planned investment increases by 2 billion national income
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