hwk6sec5

hwk6sec5 - Experiment 6 Section 5 Problem 6.1 Table 6.7:...

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Section 5 Problem 6.1 Table 6.7: Experimental Results in Session 1 Mean Price $21.28 Number of Lawn Ornaments Sold 18 Total Profits of Sellers from Transactions $104.00 Total Profits of Buyers from Transactions $237.00 Total Cost of Pollution $348.30 Total Profits of All Residents, Net of Pollution Costs -$7.30 Problem 6.2 Table 6.8 Mean Price $34.27 Number of Lawn Ornaments Sold 11 Total After-Tax Profits of Sellers from Transactions $24.00 Total Profits of Buyers from Transactions $48.00 Total Tax Revenue $220.00 Total Cost of Pollution $212.85 Total Profits and Tax Revenue of All Residents, Net of Pollution Costs $79.15 Problem 6.3 Table 6.9: Experimental Results in Session 3 Mean Price of Ornaments $29.91 Mean Price of Permits $9.45 Number of Lawn Ornaments Sold 11 Profits of Lawn Ornament Sellers from Transactions $52.00 Profits of Lawn Ornament Buyers From Transactions $76.00 Total Revenue of Permit Sellers $104.00 Total Cost of Pollution $212.85 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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hwk6sec5 - Experiment 6 Section 5 Problem 6.1 Table 6.7:...

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