Econ1exp6S3

Econ1exp6S3 - Experiment 6 Section 3 Problem 6.1 Table 6.7:...

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Experiment 6 Section 3 Problem 6.1 Table 6.7: Experimental Results in Session 1 Mean Price $23.24 Number of Lawn Ornaments Sold 21 Total Profits of Sellers from Transactions $125.00 Total Profits of Buyers from Transactions $207.00 Total Cost of Pollution $415.80 Total Profits of All Residents, Net of Pollution Costs -$83.80 Problem 6.2 Table 6.8 Mean Price $32.00 Number of Lawn Ornaments Sold 12 Total After-Tax Profits of Sellers from Transactions -$27.00 Total Profits of Buyers from Transactions $61.00 Total Tax Revenue $240.00 Total Cost of Pollution $237.60 Total Profits and Tax Revenue of All Residents, Net of Pollution Costs $36.40 Problem 6.3 Table 6.9: Experimental Results in Session 3 Mean Price of Ornaments $30.59 Mean Price of Permits $10.36 Number of Lawn Ornaments Sold 11 Profits of Lawn Ornament Sellers from Transactions $64.50 Profits of Lawn Ornament Buyers From Transactions $83.50 Total Revenue of Permit Sellers $114.00 Total Cost of Pollution $217.80 Total Profits of All Residents, Net of Pollution Costs. $44.20
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Econ1exp6S3 - Experiment 6 Section 3 Problem 6.1 Table 6.7:...

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