If the cost of electricity in your area is 12 cents per kWh, what is the total cost (capital plus operation) of using a 60-W incandescent bulb for 1000 hours (the lifetime of that bulb) if the bulb cost 25 cents? If we replace this bulb with a compact fluorescent light that provides the same light output, but at one- quarter the wattage, and which costs $1.50 but lasts 10 times longer (10,000 hours), what will that total cost be? How do they compare?

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Problem 2
If the cost of electricity in your area is 12 cents per kWh, what
is the total cost (capital plus operation) of using a 60-W
incandescent bulb for 1000 hours (the lifetime of that bulb) if
the bulb cost 25 cents? If we replace this bulb with a compact
fluorescent light that provides the same light output, but at one-
quarter the wattage, and which costs $1.50 but lasts 10 times
longer (10,000 hours), what will that total cost be? How do
they compare?
Transcribed Image Text:Problem 2 If the cost of electricity in your area is 12 cents per kWh, what is the total cost (capital plus operation) of using a 60-W incandescent bulb for 1000 hours (the lifetime of that bulb) if the bulb cost 25 cents? If we replace this bulb with a compact fluorescent light that provides the same light output, but at one- quarter the wattage, and which costs $1.50 but lasts 10 times longer (10,000 hours), what will that total cost be? How do they compare?
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