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# hwk6sec9 - Experiment 6 Section 9 Problem 6.1 Table 6.7...

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Experiment 6 Section 9 Problem 6.1 Table 6.7: Experimental Results in Session 1 Mean Price \$21.35 Number of Lawn Ornaments Sold 17 Total Profits of Sellers from Transactions \$102.00 Total Profits of Buyers from Transactions \$212.00 Total Cost of Pollution \$342.72 Total Profits of All Residents, Net of Pollution Costs -\$28.72 Problem 6.2 Table 6.8 Mean Price \$32.88 Number of Lawn Ornaments Sold 8 Total After-Tax Profits of Sellers from Transactions -\$1.00 Total Profits of Buyers from Transactions \$47.00 Total Tax Revenue \$160.00 Total Cost of Pollution \$161.28 Total Profits and Tax Revenue of All Residents, Net of Pollution Costs \$44.72 Problem 6.3 Table 6.9: Experimental Results in Session 3 Mean Price of Ornaments \$29.60 Mean Price of Permits \$12.00 Number of Lawn Ornaments Sold 10 Profits of Lawn Ornament Sellers from Transactions -\$9.00 Profits of Lawn Ornament Buyers From Transactions \$64.00 Total Revenue of Permit Sellers \$120.00 Total Cost of Pollution \$201.60 Total Profits of All Residents, Net of Pollution Costs. -\$26.60 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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