Exp6Sec16

Exp6Sec16 - Experiment 6 Section 16 Problem 6.1 Table 6.7:...

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Section 16 Problem 6.1 Table 6.7: Experimental Results in Session 1 Mean Price $21.60 Number of Lawn Ornaments Sold 10 Total Profits of Sellers from Transactions $66.00 Total Profits of Buyers from Transactions $119.00 Total Cost of Pollution $199.20 Total Profits of All Residents, Net of Pollution Costs -$14.20 Problem 6.2 Table 6.8 Mean Price $34.75 Number of Lawn Ornaments Sold 6 Total After-Tax Profits of Sellers from Transactions $20.50 Total Profits of Buyers from Transactions $21.50 Total Tax Revenue $120.00 Total Cost of Pollution $119.52 Total Profits and Tax Revenue of All Residents, Net of Pollution Costs $42.48 Problem 6.3 Table 6.9: Experimental Results in Session 3 Mean Price of Ornaments $31.76 Mean Price of Permits $8.75 Number of Lawn Ornaments Sold 6 Profits of Lawn Ornament Sellers from Transactions $55.05 Profits of Lawn Ornament Buyers From Transactions $39.45 Total Revenue of Permit Sellers $52.50 Total Cost of Pollution $119.52 Total Profits of All Residents,
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Exp6Sec16 - Experiment 6 Section 16 Problem 6.1 Table 6.7:...

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