Excursions in Modern Mathematics (9th Edition)
Excursions in Modern Mathematics (9th Edition)
9th Edition
ISBN: 9780134468372
Author: Peter Tannenbaum
Publisher: PEARSON
bartleby

Concept explainers

bartleby

Videos

Textbook Question
Book Icon
Chapter 3, Problem 2E

Alice, Bob, and Carlos are dividing among themselves the family farm equally owned by the three of them. The property is divided into three shares ( s 1 , s 2  and  s 3 ) . Table 3-13 shows the values of the shares to each player expressed as a percent of the total value of the property.

Table 3-13

S1 S2 S3
Alice 38% 28% 34%
Bob 3313% 3313% 3313%
Carlos 34% 40% 26%

a. Which of the shares are fair shares to Alice?

b. Which of the shares are fair shares to Bob?

c. Which of the shares are fair shares to Carlos?

d. Find all possible fair divisions of the assets using s 1 , s 2  and  s 3 as shares.

e. Of the fair divisions found in (d), which one is the best?

Blurred answer
Students have asked these similar questions
Three players (Arlo, Melvin, Julie) must divide a cake among them. The cake is divided into three slices. The table below shows the value of S1 and S2 as a percentage of the value of the entire cake. The values for S3 are missing, but can be determined with the given information.   S1 S2 S3 Arlo 50% 30%   Melvin 50% 45%   Julie 20% 30%   Which of the slices does Arlo deem fair?
Three players (Arlo, Melvin, Julie) must divide a cake among them. The cake is divided into three slices.The table below shows the value of S1 and S2 as a percentage of the value of the entire cake. The values for S3 are missing, but can be determined with the given information.   S1 S2 S3 Arlo 50% 30%   Melvin 50% 45%   Julie 20% 30%   Which of the slices does Arlo deem fair? Group of answer choices S1 and S2 S3 only S2 only S1, S2, and S3 S1 only
Four partners are dividing a piece of land that each see as worth $124,000 among themselves.  They use the lone-divider method.  This time Derek is the divider, and creates the parcels S1, S2, S3, and S4.  The following table shows the value of the parcels in the eyes of each partner.   S1 S2 S3 S4 Alison $27,000 $35,000 $29,000 $33,000 Ben $30,000 $32,000 $25,000 $37,000 Cailyn $29,000 $37,000 $28,000 $30,000 Derek $31,000 $31,000 $31,000 $31,000 What happens next according to lone-divider? Group of answer choices Alison gets S4, Cailyn gets S2, Ben and Derek have to recombine S1 and S3 and play Divider-Chooser Derek gets one of S1 or S3. The other players recombine the remaining pieces and re-divide. Alison gets S2, Ben gets S1, Cailyn gets S4, Derek gets S3 Alison gets S3, Ben gets S2, Cailyn gets S4, Derek gets S1 There is no way to resolve this according to Lone Divider

Chapter 3 Solutions

Excursions in Modern Mathematics (9th Edition)

Ch. 3 - Suppose that Brad values chocolate cake four as...Ch. 3 - Suppose that Angelina values strawberry cake five...Ch. 3 - Karla and five other friends jointly buy the...Ch. 3 - Marla and five other friends jointly buy the...Ch. 3 - Suppose that they flip a coin and Jackie ends up...Ch. 3 - Suppose they flip a coin and Karla ends up being...Ch. 3 - Suppose that they flip a coin and Martha ends up...Ch. 3 - Suppose that they flip a coin and Nick ends up...Ch. 3 - Suppose that David is the divider and Paula is the...Ch. 3 - Suppose that Paula is the divider and David is the...Ch. 3 - Three partners are dividing a plot of land among...Ch. 3 - Three partners are dividing a plot of land among...Ch. 3 - Four partners are dividing a plot of land among...Ch. 3 - Four partners are dividing a plot of land among...Ch. 3 - Mark, Tim, Maia, and Kelly are dividing a cake...Ch. 3 - Allen, Brady, Cody; and Diane are sharing a cake...Ch. 3 - Prob. 27ECh. 3 - Four partners are dividing a plot of land among...Ch. 3 - Prob. 29ECh. 3 - Five players are dividing a cake among themselves...Ch. 3 - Four partners Egan, Fine, Gong, and Hart jointly...Ch. 3 - Four players Abe, Betty, Cory, and Dana are...Ch. 3 - Exercises 33 and 34 refer to the following...Ch. 3 - Exercises 33 and 34 refer to the following...Ch. 3 - Exercise 35 through 38 refer to the following...Ch. 3 - Exercise 35 through 38 refer to the following...Ch. 3 - Prob. 37ECh. 3 - Prob. 38ECh. 3 - Exercises 39 and 40 refer to the following:...Ch. 3 - Exercises 39 and 40 refer to the following:...Ch. 3 - Jackie, Karla, and Lori are dividing the foot-long...Ch. 3 - Jackie, Karla, and Lori are dividing the foot-long...Ch. 3 - Ana, Belle, and Chloe are dividing four pieces of...Ch. 3 - Andre, Bea, and Chad are dividing an estate...Ch. 3 - Five heirs A,B,C,D, and E are dividing an estate...Ch. 3 - Oscar, Bert, and Ernie are using the method of...Ch. 3 - Anne, Bette, and Chia jointly own a flower shop....Ch. 3 - Al, Ben and Cal jointly own a fruit stand. They...Ch. 3 - Ali, Briana, and Caren are roommates planning to...Ch. 3 - Anne, Bess and Cindy are the roommates planning to...Ch. 3 - Prob. 51ECh. 3 - Three players (A,B and C) are dividing the array...Ch. 3 - Three players (A,B,andC) are dividing the array of...Ch. 3 - Three players (A,B,andC) are dividing the array of...Ch. 3 - Five players (A,B,C,D,andE) are dividing the array...Ch. 3 - Four players (A,B,C,andD) are dividing the array...Ch. 3 - Prob. 57ECh. 3 - Queenie, Roxy, and Sophie are dividing a set of 15...Ch. 3 - Ana, Belle, and Chloe are dividing 3 Choko bars, 3...Ch. 3 - Prob. 60ECh. 3 - Prob. 61ECh. 3 - Prob. 62ECh. 3 - Prob. 63ECh. 3 - Prob. 64ECh. 3 - Three players A, B, and C are sharing the...Ch. 3 - Angeline and Brad are planning to divide the...Ch. 3 - Prob. 67ECh. 3 - Efficient and envy-free fair divisions. A fair...Ch. 3 - Suppose that N players bid on M items using the...Ch. 3 - Asymmetric method of sealed bids. Suppose that an...Ch. 3 - Prob. 73E

Additional Math Textbook Solutions

Find more solutions based on key concepts
Knowledge Booster
Background pattern image
Math
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, subject and related others by exploring similar questions and additional content below.
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Glencoe Algebra 1, Student Edition, 9780079039897...
Algebra
ISBN:9780079039897
Author:Carter
Publisher:McGraw Hill
Text book image
College Algebra (MindTap Course List)
Algebra
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:Cengage Learning
Text book image
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:9781133382119
Author:Swokowski
Publisher:Cengage
Text book image
Algebra: Structure And Method, Book 1
Algebra
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:McDougal Littell
Text book image
Elementary Algebra
Algebra
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:OpenStax - Rice University
Text book image
PREALGEBRA
Algebra
ISBN:9781938168994
Author:OpenStax
Publisher:OpenStax
The Shape of Data: Distributions: Crash Course Statistics #7; Author: CrashCourse;https://www.youtube.com/watch?v=bPFNxD3Yg6U;License: Standard YouTube License, CC-BY
Shape, Center, and Spread - Module 20.2 (Part 1); Author: Mrmathblog;https://www.youtube.com/watch?v=COaid7O_Gag;License: Standard YouTube License, CC-BY
Shape, Center and Spread; Author: Emily Murdock;https://www.youtube.com/watch?v=_YyW0DSCzpM;License: Standard Youtube License