Governor John has decided that, rather than build a new nuclear
power plant to service power needs, the state should save an
equivalent amount of energy. As one component of an efficiency
plan, he has turned to you, his top aide, to design a policy to
encourage adoption of compact fluorescent (CF) lightbulbs. Although
CFs save a tremendous amount of money (and energy) over their
lifetime, they are quite expensive initially ($20 or so per bulb in
1993). In addition,...