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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.
a. Relative to incandescents, what is the external benefit associated with CFLs?
b. Draw a graph to illustrate and explain why the market for CFLs is inefficient.
The Aggregate Demand for goods and services in an economy must at every moment equal the value of Real Gross Domestic Product because both are defined to be the sum of (C+I+G+X-IM).
What will be the long-run equilibrium price now - In the long-run will the number of firms in the market increase or decrease?
breakaway tours inc. has estimated the following multiplicative demand function for packaged holiday tours in the
What are they, how do you interpret them? What happens when price or something other than price changes which affects either of these o Shortage and Surplus.
Palm oil industry is rapidly growing in Indonesia and Malaysia. Both of these countries are the largest supplier of palm oil in the world. 90% of the total palm oil inventory is produced by these countries. Pakistan, China, India, European Union and ..
Out of 1200 pieces of gravel from one plant, 110 pieces are classified as "large." Out of 900 pieces from another plant, 95 are classified as large. Can you conclude that there is a difference between the proportions of large gravel pieces produce..
The annual holding cost per unit is $2.50, and the cost to place an order is $50. Suppose demand for TricFlexers doubles to 32,000. Does the EOQ also double ? Explain what happens.
A large electric utility company has proposed building an $820 million combined cycle, gas-powered plant to replace the electric generation capacity at one of its coal-fired facilities. Develop three other alternatives for replacing this electric gen..
What is Normative and Positive Economics? What is the difference? Explain give Examples. Explain Circular flow of income. Why rationality is in Economics?
Allied company machines produces the output that it sells in the highly competitive market at the price of $100 per unit. Its inputs include two machines (which cost the firm $50 each) and workers
question 1a in a competitive market place pure competition is it possible to continually sell your product at a price
Supporter of free market systems discuss that free enterprise leads to more efficient production and better response to changing customers preferences.
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