Exp6sec6

Exp6sec6 - Experiment 6 Section 6 Problem 6.1 Table 6.7:...

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Section 6 Problem 6.1 Table 6.7: Experimental Results in Session 1 Mean Price $23.71 Number of Lawn Ornaments Sold 14 Total Profits of Sellers from Transactions $135.00 Total Profits of Buyers from Transactions $148.00 Total Cost of Pollution $279.72 Total Profits of All Residents, Net of Pollution Costs $3.28 Problem 6.2 Table 6.8 Mean Price $33.33 Number of Lawn Ornaments Sold 9 Total After-Tax Profits of Sellers from Transactions $3.00 Total Profits of Buyers from Transactions $45.00 Total Tax Revenue $180.00 Total Cost of Pollution $179.82 Total Profits and Tax Revenue of All Residents, Net of Pollution Costs $48.18 Problem 6.3 Table 6.9: Experimental Results in Session 3 Mean Price of Ornaments $32.61 Mean Price of Permits $13.67 Number of Lawn Ornaments Sold 9 Profits of Lawn Ornament Sellers from Transactions $73.50 Profits of Lawn Ornament Buyers From Transactions $51.50 Total Revenue of Permit Sellers $123.00 Total Cost of Pollution $179.82 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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Exp6sec6 - Experiment 6 Section 6 Problem 6.1 Table 6.7:...

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