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LED (light-emitting diode) bulbs are rapidly decreasing in cost, and they are more energy-efficient than standard incandescent light bulbs and CFL (compact fluorescent light) bulbs.
LED (light-emitting diode) bulbs are rapidly decreasing in cost, and they are more energy-efficient than standard incandescent light bulbs and CFL (compact fluorescent light) bulbs. Haitz's law predicts that the cost per lumen of an LED bulb decreases by a factor of 10 every 10 years. This means that 10 years from now, the cost of an LED bulb will be 1/10 of its current cost. Predict the cost of a particular LED bulb in 2026 if it costs 3 dollars in 2018
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