he following scenario is analyzed in the three problems that follow it. Four partners are dividing a piece of land worth $120,000 among themselves using the lone-divider method. The following table shows the value of the parcels in the eyes of each partner S1 S2 S3 S4 Eli $25,000 $5,000 $40,000 $50,000 Ken $30,000 $30,000 $20,000 $40,000 Peg $30,000 $30,000 $30,000 $30,000 Flo $20,000 $30,000 $20,000 $50,000
he following scenario is analyzed in the three problems that follow it. Four partners are dividing a piece of land worth $120,000 among themselves using the lone-divider method. The following table shows the value of the parcels in the eyes of each partner S1 S2 S3 S4 Eli $25,000 $5,000 $40,000 $50,000 Ken $30,000 $30,000 $20,000 $40,000 Peg $30,000 $30,000 $30,000 $30,000 Flo $20,000 $30,000 $20,000 $50,000
Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter2: Systems Of Linear Equations
Section2.4: Applications
Problem 26EQ
Related questions
Question
The following scenario is analyzed in the three problems that follow it.
Four partners are dividing a piece of land worth $120,000 among themselves using the lone-divider method.
The following table shows the value of the parcels in the eyes of each partner
|
S1
|
S2
|
S3
|
S4
|
Eli
|
$25,000
|
$5,000
|
$40,000
|
$50,000
|
Ken
|
$30,000
|
$30,000
|
$20,000
|
$40,000
|
Peg
|
$30,000
|
$30,000
|
$30,000
|
$30,000
|
Flo
|
$20,000
|
$30,000
|
$20,000
|
$50,000
|
Which of the following is a fair allotment of the shares?
Group of answer choices
Eli S4
Ken S3
Peg S1
Flo S2
Ken S3
Peg S1
Flo S2
Eli S3
Ken S1
Peg S4
Flo S2
Ken S1
Peg S4
Flo S2
Eli S3
Ken S2
Peg S4
Flo S1
Ken S2
Peg S4
Flo S1
Eli S2
Ken S1
Peg S3
Flo S4
Ken S1
Peg S3
Flo S4
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