Experiment6_sec3

Experiment6_sec3 - Experiment 6 Section 3 Problem 6.1 Table...

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Section 3 Problem 6.1 Table 6.7: Experimental Results in Session 1 Mean Price $21.80 Number of Lawn Ornaments Sold 15 Total Profits of Sellers from Transactions $92.00 Total Profits of Buyers from Transactions $183.00 Total Cost of Pollution $294.00 Total Profits of All Residents, Net of Pollution Costs -$19.00 Problem 6.2 Table 6.8 Mean Price $32.88 Number of Lawn Ornaments Sold 8 Total After-Tax Profits of Sellers from Transactions -$26.00 Total Profits of Buyers from Transactions $47.00 Total Tax Revenue $160.00 Total Cost of Pollution $156.80 Total Profits and Tax Revenue of All Residents, Net of Pollution Costs $24.20 Problem 6.3 Table 6.9: Experimental Results in Session 3 Mean Price of Ornaments $28.88 Mean Price of Permits $8.50 Number of Lawn Ornaments Sold 8 Profits of Lawn Ornament Sellers from Transactions $49.00 Profits of Lawn Ornament Buyers From Transactions $69.00 Total Revenue of Permit Sellers $68.00 Total Cost of Pollution $156.80 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_sec3 - Experiment 6 Section 3 Problem 6.1 Table...

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