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). Home Depot Canada is aiming to recycle 1.5 million bulbs by 2011. Lasting six to 10 times longer than the average incandescent bulb and using up to 75 per cent less electricity, CFLs save on power consumption and cut your electricity bill.
The graph shows the market for CFLs.
Suppose the government decides to subsidize CFLs.
Draw the S = MSC - subsidy curve that results in the efficient quantity of lightbulbs. Label it.
Draw a point to show the efficient quantity and the marginal private benefit at this quantity.
Light Bulbs: Shining a Light on Bulb Recycling We've received several questions about recycling light bulbs,...
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). Home Depot Canada is aiming to recycle 1.5 million bulbs by 2011. Lasting six to 10 times longer than the average incandescent bulb and using up to 75 per cent less electricity, CFLs save on power consumption and cut your electricity bill. Calgary Herald, March 27, 2008 The graph shows the market for CFLs. Suppose the...
How to Dispose of Mercury-Filled Light Bulbs Price and cost (dollars per bulb) 5.00 Compact fluorescent light bulbs (CFLs) contain mercury and 1,150 kilograms of this toxic substance end up in Canadian landfills each year. A new federal law provides guidance on how to dispose of CFLs in an environmentally responsible way. MSC 4.00 Source: CBC News, June 26, 2017 3.00- What is the external cost that arises from CFLs? Explain why the market for CFLs is inefficient. How could...
Compact fluorescent bulbs are much more efficient at producing light than are ordinary incandescent bulbs. They initially cost much more, but last far longer and use much less electricity. According to one study of these bulbs, a compact bulb that produces as much light as a 100 W incandescent bulb uses only 23.0 W of power. The compact bulb lasts 1.00×104 hours, on the average, and costs $ 11.0 , whereas the incandescent bulb costs only 76.0 ¢, but lasts...
Compact fluorescent bulbs are much more efficient at producing light than are ordinary incandescent bulbs. They initially cost much more, but last far longer and use much less electricity. According to one study of these bulbs, a compact bulb that produces as much light as a 100 W incandescent bulb uses only 23.0 W of power. The compact bulb lasts 1.00×104 hours, on the average, and costs $ 12.0 , whereas the incandescent bulb costs only 75.0 ¢, but lasts...
For engineering economic analysis class is the average cust t0 2-39 LED light bulbs are more energy efficient, last longer, cost more, and have a smaller environmental impact from manufacture to recycling or disposal. The question is which costs less: incandescent, compact fluorescent (CFL), or LED lights? Incandescent CFL LED Cost/bulb Life in hours Watts usecd $0.50 1250 60 $2 $7 8333 25,000 14 (a) Ignore the time value of money. What is the average cost per hour for 25,000...
4. a) A building owner is thinking about replacing old-style incandescent light bulbs with more energy-efficient light-emitting diode (LED) lighting. Estimate the payback period (in years) for replacing a 100 W incandescent light bulb with an LED light that provides the same light output, but consumes only 18 W. Given data .price of electricity- $0.13/kWh assume the light is turned on for 5 hours per day, every day price of incandescent bulb = $1.20 .price of LED S19.10 annual interest...
4. a) A building owner is thinking about replacing old-style incandescent light bulbs with more energy-efficient light-emitting diode (LED) lighting. Estimate the payback period (in years) for replacing a 100 W incandescent light bulb with an LED light that provides the same light output, but consumes only 18 W. Given data .price of electricity- $0.13/kWh assume the light is turned on for 5 hours per day, every day price of incandescent bulb = $1.20 .price of LED S19.10 annual interest...