hwk6sec2

hwk6sec2 - Experiment 6 Section 2 Problem 6.1 Table 6.7...

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Section 2 Problem 6.1 Table 6.7: Experimental Results in Session 1 Mean Price $21.85 Number of Lawn Ornaments Sold 16 Total Profits of Sellers from Transactions $91.56 Total Profits of Buyers from Transactions $175.44 Total Cost of Pollution $376.32 Total Profits of All Residents, Net of Pollution Costs -$109.32 Problem 6.2 Table 6.8 Mean Price $34.00 Number of Lawn Ornaments Sold 9 Total After-Tax Profits of Sellers from Transactions $19.00 Total Profits of Buyers from Transactions $39.00 Total Tax Revenue $180.00 Total Cost of Pollution $211.68 Total Profits and Tax Revenue of All Residents, Net of Pollution Costs $26.32 Problem 6.3 Table 6.9: Experimental Results in Session 3 Mean Price of Ornaments $118.83 Mean Price of Permits $9.00 Number of Lawn Ornaments Sold 9 Profits of Lawn Ornament Sellers from Transactions $851.50 Profits of Lawn Ornament Buyers From Transactions -$734.50 Total Revenue of Permit Sellers $81.00 Total Cost of Pollution $211.68 Total Profits of All Residents,
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This note was uploaded on 12/25/2011 for the course ECON 1 taught by Professor Bergstrom during the Fall '07 term at UCSB.

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hwk6sec2 - Experiment 6 Section 2 Problem 6.1 Table 6.7...

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