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Cost vs. Benefit for Productivity

June 16, 2009 by Eco Fuel 

Most people are really bad at comparing cost and benefits. Hybrid cars are a good example of this. For example, the cost of the cheapest (that I could find) new gasoline Honda Civic is around $14,800. The cost of the cheapest hybrid Civic is $22,000. Assuming that you drive 13,000 miles per year, the hybrid will save you $369 per year in gas–assuming gasoline costs an average of $2.80 per gallon. So you are paying an extra $7200 to save $369 per year. It will take nearly 20 years before

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