Experiment6_sec7

# Experiment6_sec7 - Experiment 6 Section 7 Problem 6.1 Table...

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Section 7 Problem 6.1 Table 6.7: Experimental Results in Session 1 Mean Price \$20.53 Number of Lawn Ornaments Sold 16 Total Profits of Sellers from Transactions \$85.53 Total Profits of Buyers from Transactions \$201.47 Total Cost of Pollution \$322.24 Total Profits of All Residents, Net of Pollution Costs -\$35.24 Problem 6.2 Table 6.8 Mean Price \$27.22 Number of Lawn Ornaments Sold 9 Total After-Tax Profits of Sellers from Transactions -\$72.00 Total Profits of Buyers from Transactions \$85.00 Total Tax Revenue \$180.00 Total Cost of Pollution \$181.26 Total Profits and Tax Revenue of All Residents, Net of Pollution Costs \$11.74 Problem 6.3 Table 6.9: Experimental Results in Session 3 Mean Price of Ornaments \$26.33 Mean Price of Permits \$6.61 Number of Lawn Ornaments Sold 9 Profits of Lawn Ornament Sellers from Transactions \$55.50 Profits of Lawn Ornament Buyers From Transactions \$68.00 Total Revenue of Permit Sellers \$59.50 Total Cost of Pollution \$181.26 Total Profits of All Residents,

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Experiment6_sec7 - Experiment 6 Section 7 Problem 6.1 Table...

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