Experiment6_sec1

Experiment6_sec1 - Experiment 6 Section 1 Problem 6.1 Table...

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Section 1 Problem 6.1 Table 6.7: Experimental Results in Session 1 Mean Price $24.36 Number of Lawn Ornaments Sold 14 Total Profits of Sellers from Transactions $119.00 Total Profits of Buyers from Transactions $139.00 Total Cost of Pollution $279.30 Total Profits of All Residents, Net of Pollution Costs -$21.30 Problem 6.2 Table 6.8 Mean Price $30.50 Number of Lawn Ornaments Sold 6 Total After-Tax Profits of Sellers from Transactions -$20.00 Total Profits of Buyers from Transactions $52.00 Total Tax Revenue $120.00 Total Cost of Pollution $119.70 Total Profits and Tax Revenue of All Residents, Net of Pollution Costs $32.30 Problem 6.3 Table 6.9: Experimental Results in Session 3 Mean Price of Ornaments $30.19 Mean Price of Permits $9.63 Number of Lawn Ornaments Sold 8 Profits of Lawn Ornament Sellers from Transactions $50.50 Profits of Lawn Ornament Buyers From Transactions $53.50 Total Revenue of Permit Sellers $77.00 Total Cost of Pollution $159.60 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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Experiment6_sec1 - Experiment 6 Section 1 Problem 6.1 Table...

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