None of these are vital, but they may prevent students from making some common mistakes when answering some of the questions. When asked for the theoretical prediction of these values, students should, unless otherwise asked, write the range and the average. Either have them rescale the axis or go into the right margin. Answer this question using the demanders and suppliers used in Session 1 of the experiment. Also, these profits should be the after-tax profits.
Total profits are again after-tax profits.
You can have your students indicate the area of excess burden by lightly shading it with a pencil. Either have them rescale the axis or go into the right margin. The labor supply asked for in this question and table is for a single session. The value of workers to firms is identical in Sessions 1 and 2. The labor demand asked for in this question and table should be for each individual session, and not the total demand for both sessions combined.