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Historically, advances in technology have made it possible for modern consumers to perform daily tasks more rapidly and efficiently. In the present technological age, innovation extends to energy conservation. As

Historically, advances in technology have made it possible for modern consumers to perform daily tasks more rapidly and efficiently. In the present technological age, innovation extends to energy conservation. As a typical consumer may be well aware, such innovation often means higher prices. However, in the case of appliances which run on minimal energy, advertisements claim that higher purchase prices will be justified by long-term monetary savings resulting from lower energy bills. This report investigates the veracity of this claim.

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