text: {[ promptMessage ]}
  
  Bookmark it
  
  {[ promptMessage ]}
  
  Homework1-Section 16_xls
  
  # Homework1-Section 16_xls - Experiment 1 Section 16 Problem...
  
  This preview shows pages 1–5. Sign up to view the full content.
  
  Experiment 1 Section: 16 Problem 1.1 Table 1.8 Session 1 Session 2 Mean Price \$21.00 \$28.78 Number of Transactions 11 9 Total Profit of All Sellers \$101.00 \$89.00 Total Profit of All Buyers \$109.00 \$101.00 Total Profit of All Traders \$210.00 \$190.00 Problem 1.2 Figure 1.5 \$0 \$5 \$10 \$15 \$20 \$25 \$30 \$35 \$40 1 3 5 7 9 11 13 15 17 19 21 23 25
  
  This preview has intentionally blurred sections. Sign up to view the full version.
  
  View Full Document
  Problem 1.3 Table 1.9: Supply Table: Session 1 Price Range Amount Supplied P<\$10 0 \$10<P<\$30 10 P>\$30 15 Table 1.10: Demand Table: Session 1 Price Range Amound Demanded P>\$40 0 \$20<P<\$40 6 P<\$20 17 Table 1.11: Supply Table: Session 2 Price Range Amount Supplied P<\$10 0 \$10<P<\$30 6 P>\$30 17 Table 1.12: Demand Table: Session 2 Price Range Amound Demanded P>\$40 0 \$20<P<\$40 10 P<\$20 15
  Problem 1.4 Figure 1.6: Supply and Demand for Apples, Session 1 Problem 1.5 Figure 1.7: Supply and Demand for Apples, Session 2. \$0 \$5 \$10 \$15 \$20 \$25 \$30 \$35 \$40 \$45 0 5 10 15 20 25 30 35 40 Bushels of Apples Price of Apples CE \$0 \$5 \$10 \$15 \$20 \$25 \$30 \$35 \$40 \$45 0 5 10 15 20 25 30 35 40 Bushels of Apples CE
  
  This preview has intentionally blurred sections. Sign up to view the full version.
  
  View Full Document
  Problem 1.6
  This is the end of the preview. Sign up to access the rest of the document.
  
  {[ snackBarMessage ]}
  
  ### Page1 / 5
  
  Homework1-Section 16_xls - Experiment 1 Section 16 Problem...
  
  This preview shows document pages 1 - 5. Sign up to view the full document.
  
  View Full Document
  Ask a homework question - tutors are online