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Exp6Sec8 - Experiment 6 Section 8 Problem 6.1 Table 6.7...

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Experiment 6 Section 8 Problem 6.1 Table 6.7: Experimental Results in Session 1 Mean Price $22.30 Number of Lawn Ornaments Sold 15 Total Profits of Sellers from Transactions $84.50 Total Profits of Buyers from Transactions $175.50 Total Cost of Pollution $300.90 Total Profits of All Residents, Net of Pollution Costs -$40.90 Problem 6.2 Table 6.8 Mean Price $33.88 Number of Lawn Ornaments Sold 8 Total After-Tax Profits of Sellers from Transactions $2.00 Total Profits of Buyers from Transactions $39.00 Total Tax Revenue $160.00 Total Cost of Pollution $160.48 Total Profits and Tax Revenue of All Residents, Net of Pollution Costs $40.52 Problem 6.3 Table 6.9: Experimental Results in Session 3 Mean Price of Ornaments $29.75 Mean Price of Permits $7.88 Number of Lawn Ornaments Sold 8 Profits of Lawn Ornament Sellers from Transactions $71.00 Profits of Lawn Ornament Buyers From Transactions $67.00 Total Revenue of Permit Sellers $63.00 Total Cost of Pollution $160.48 Total Profits of All Residents, Net of Pollution Costs. $40.52 Figure 6.5 $20 $25 $30 $35 $40 $45 $50 Lawn Ornaments CE2 CE1
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Table 6.10:
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