9. 29. Break-even cost [LO 10.2] The previous problem suggests that using LEDs instead of incandescent bulbs
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9. 29.
Break-even cost [LO 10.2] The previous problem suggests that using LEDs instead of incandescent bulbs is a no-brainer. However, electricity costs actually vary quite a bit depending on location and user type (you can get information on your rates from your local power company). An industrial user in Newcastle might pay $0.04 per kilowatt-hour whereas a residential user in Tasmania might pay $0.25.
What is the break-even cost per kilowatt-hour in Problem 28?
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Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9781743768051
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Authors: Stephen A. Ross, Rowan Trayler, Charles Koh, Gerhard Hambusch, Kristoffer Glover, Randolph W. Westerfield, Bradford D. Jordan
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