Exp6sec10

Exp6sec10 - Experiment 6 Section 10 Problem 6.1 Table 6.7:...

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Section 10 Problem 6.1 Table 6.7: Experimental Results in Session 1 Mean Price $23.32 Number of Lawn Ornaments Sold 17 Total Profits of Sellers from Transactions $130.50 Total Profits of Buyers from Transactions $163.50 Total Cost of Pollution $338.13 Total Profits of All Residents, Net of Pollution Costs -$44.13 Problem 6.2 Table 6.8 Mean Price $33.33 Number of Lawn Ornaments Sold 9 Total After-Tax Profits of Sellers from Transactions -$2.00 Total Profits of Buyers from Transactions $45.00 Total Tax Revenue $180.00 Total Cost of Pollution $179.01 Total Profits and Tax Revenue of All Residents, Net of Pollution Costs $43.99 Problem 6.3 Table 6.9: Experimental Results in Session 3 Mean Price of Ornaments $32.61 Mean Price of Permits $12.17 Number of Lawn Ornaments Sold 9 Profits of Lawn Ornament Sellers from Transactions $72.00 Profits of Lawn Ornament Buyers From Transactions $46.50 Total Revenue of Permit Sellers $109.50 Total Cost of Pollution $179.01 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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Exp6sec10 - Experiment 6 Section 10 Problem 6.1 Table 6.7:...

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