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hwk6sec8

# hwk6sec8 - Experiment 6 Section 8 Problem 6.1 Table 6.7...

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Experiment 6 Section 8 Problem 6.1 Table 6.7: Experimental Results in Session 1 Mean Price \$22.86 Number of Lawn Ornaments Sold 21 Total Profits of Sellers from Transactions \$137.00 Total Profits of Buyers from Transactions \$220.00 Total Cost of Pollution \$424.41 Total Profits of All Residents, Net of Pollution Costs -\$67.41 Problem 6.2 Table 6.8 Mean Price \$34.43 Number of Lawn Ornaments Sold 10 Total After-Tax Profits of Sellers from Transactions \$24.25 Total Profits of Buyers from Transactions \$40.75 Total Tax Revenue \$200.00 Total Cost of Pollution \$202.10 Total Profits and Tax Revenue of All Residents, Net of Pollution Costs \$62.90 Problem 6.3 Table 6.9: Experimental Results in Session 3 Mean Price of Ornaments \$981.41 Mean Price of Permits \$15.77 Number of Lawn Ornaments Sold 11 Profits of Lawn Ornament Sellers from Transactions \$10,444.00 Profits of Lawn Ornament Buyers From Transactions -\$10,380.50 Total Revenue of Permit Sellers \$173.50 Total Cost of Pollution \$222.31 Total Profits of All Residents, Net of Pollution Costs. \$14.69 Figure 6.5 \$20 \$25 \$30 \$35 \$40 \$45 \$50 Lawn Ornaments CE2 CE1

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Table 6.10:
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hwk6sec8 - Experiment 6 Section 8 Problem 6.1 Table 6.7...

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