What would be the maximum cost of a CFL such that the total cost (investment plus operating)
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What would be the maximum cost of a CFL such that the total cost (investment plus operating) would be the same for both CFL and incandescent 60-W bulbs? Assume the cost of the incandescent bulb is 25 cents and that electricity costs 10 cents/kWh. Calculate the cost for 1000 hours, as in the cost effectiveness of CFL example.
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