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Exp6sec10

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

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Experiment 6 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, Net of Pollution Costs. \$48.99 Figure 6.5 \$10 \$15 \$20 \$25 \$30 \$35 \$40 \$45 \$50 Price of Lawn Ornaments CE2 CE1

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Table 6.10: Predictions of the Theory: Session 1
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Exp6sec10 - Experiment 6 Section 10 Problem 6.1 Table 6.7...

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