HW 6(section 15)

HW 6(section 15) - Experiment 6 Section 15 Problem 6.1...

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Section 15 Problem 6.1 Table 6.7: Experimental Results in Session 1 Mean Price $23.39 Number of Lawn Ornaments Sold 14 Total Profits of Sellers from Transactions $125.50 Total Profits of Buyers from Transactions $157.50 Total Cost of Pollution $282.24 Total Profits of All Residents, Net of Pollution Costs $0.76 Problem 6.2 Table 6.8 Mean Price $31.90 Number of Lawn Ornaments Sold 10 Total After-Tax Profits of Sellers from Transactions -$6.00 Total Profits of Buyers from Transactions $51.00 Total Tax Revenue $200.00 Total Cost of Pollution $201.60 Total Profits and Tax Revenue of All Residents, Net of Pollution Costs $43.40 Problem 6.3 Table 6.9: Experimental Results in Session 3 Mean Price of Ornaments $31.67 Mean Price of Permits $11.78 Number of Lawn Ornaments Sold 9 Profits of Lawn Ornament Sellers from Transactions $72.00 Profits of Lawn Ornament Buyers From Transactions $60.00 Total Revenue of Permit Sellers $106.00 Total Cost of Pollution $181.44 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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HW 6(section 15) - Experiment 6 Section 15 Problem 6.1...

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