Four partners are dividing a plot of land among themselves using the lone-divider method. After the divider
a. Suppose that the choosers bid lists are
b. Suppose that the choosers’ bid lists are
c. Suppose that the choosers’ bid lists are.
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Chapter 3 Solutions
MYLAB MATH FOR EXCURSIONS IN MATHEMATIC
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- Four partners (Alonzo, Brenda, Camille, and Donald) are dividing a parcel of land valued at $240,000 among themselves using the lone-divider method. Using a map, the divider divides the property into four parceis s1, s2, s3, and $4. The following table shows the value of the four parcels in the eyes of each partner, but some of the entries in the table are missing. S1 S2 s3 S4 Alonzo -170,600 $50,000 $80,000 $50,000 $55,000 $70,000 Brenda 175,000 $40,000 $110,000 Camille $40,000 =LO, 0 00 $30,000 =000 Donald $60,000 4) Who was the divider? A) Donald B) Alonzo O Camille Brenda E) none of these 5) What was Brenda's bid list? A) {s2, s4} .000 B) (s2, S3, S4} O$2, s3) D) {s2 } E) none of these 6) Which of the following is a fair division of the property? A Alonzo gets s1, Brenda gets s2, Camille gets s3, Donald gets s4 B) Alonzo gets s1, Brenda gets s4, Camille gets s2, Donald gets s3 C) Alonzo gets s1, Brenda gets s2, Camille gets s4, Donald gets s3 D) Alonzo gets s2, Brenda gets s1,…arrow_forwardThree investors are dividing a piece of land worth $175,000. Each investor's value in thousands for each of the three pieces of the land is shown below. Which piece does each person receive and do they receive a fair share using the lone divider method? Piece B Marshall Sam Keisha Piece 1 46 25 35 C Od Piece 2 25 25 52.5 Marshall's bid: Piece 2 and Piece 3 Keisha's bid: Piece 3 70 87.5 b a Marshall receives Piece 2, Keisha receives 3, and Sam receives Piece 1. Everyone receives a fair share. Marshall receives Piece 3, Keisha receives 3, and Sam receives Piece 2. Everyone receives a fair share. Marshall receives Piece 2, Keisha receives 3, and Sam receives Piece 1. No one receives a fair share. Marshall receives Piece 2, Keisha receives 1, and Sam receives Piece 3. Everyone receives a fair share.arrow_forwardJimmy is at the Grand opening celebration of a supermarket. She spends a wheel with 10 equal size slices, as shown. The wheel has 7 black slices, 2 gray slices, and 1 white slice. When the wheel is spun the arrow stops on a slice at random. If the arrow stops on the border of two slices the wheel is spun again.arrow_forward
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