hwk6sec6

hwk6sec6 - Experiment 6 Section 6 Problem 6.1 Table 6.7:...

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Section 6 Problem 6.1 Table 6.7: Experimental Results in Session 1 Mean Price $21.47 Number of Lawn Ornaments Sold 17 Total Profits of Sellers from Transactions $104.00 Total Profits of Buyers from Transactions $200.00 Total Cost of Pollution $340.00 Total Profits of All Residents, Net of Pollution Costs -$36.00 Problem 6.2 Table 6.8 Mean Price $33.67 Number of Lawn Ornaments Sold 9 Total After-Tax Profits of Sellers from Transactions $21.00 Total Profits of Buyers from Transactions $37.00 Total Tax Revenue $180.00 Total Cost of Pollution $180.00 Total Profits and Tax Revenue of All Residents, Net of Pollution Costs $58.00 Problem 6.3 Table 6.9: Experimental Results in Session 3 Mean Price of Ornaments $31.89 Mean Price of Permits $9.72 Number of Lawn Ornaments Sold 9 Profits of Lawn Ornament Sellers from Transactions $82.50 Profits of Lawn Ornament Buyers From Transactions $53.00 Total Revenue of Permit Sellers $87.50 Total Cost of Pollution $180.00 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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hwk6sec6 - Experiment 6 Section 6 Problem 6.1 Table 6.7:...

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