Experiments with Economic Principles Experiment 2: Shifting Supply 88-110, 12 September, 2002 (collected by JHM) Below are the data needed to complete your lab notes and homework. pg 49 Table 2.1: Transactions in Session 1---Last Round Tran Price B Value 1 14.5 20 2 14 25 3 18 25 4 18 20 5 16.5 20 6 15 20 pg 50 Table 2.2: Transactions in Session 2---Last Round Tran Price B Value 1 0.75 20 2 0.75 20 3 0.50 5 4 0.50 25 5 0.25 5 6 0.50 25 7 0.75 20 8 0.85 20 9 0.75 20 10 0.25 20 pg 51 Table 2.3: Distribution of Buyer Values---All Sessions B Value Number of Buyers 25 2 20 6 5 2 pg 51 Table 2.4: Number of Fisherman and Fish Caught Number of Number of Fishermen Fish Caught Session 1 6 6 Session 2 6 18 ***END OF POSTING***