Excursions In Modern Mathematics, 9th Edition
Excursions In Modern Mathematics, 9th Edition
9th Edition
ISBN: 9780134494142
Author: Tannenbaum
Publisher: PEARSON
bartleby

Concept explainers

bartleby

Videos

Textbook Question
Book Icon
Chapter 3, Problem 44E

Andre, Bea, and Chad are dividing an estate consisting of a small farm, and a painting using the method of sealed bids. Table 3-23 shows the player bids on each of the items.

T a b l e 3 - 2 3

Andre Bea Chade
House $ 150 , 000 $ 146 , 000 $ 175 , 000
Farm $ 430 , 000 $ 425 , 000 $ 428 , 000
Painting $ 50 , 000 $ 59 , 000 $ 57 , 000

a. Describe the first settlement of the fair division and compute the surplus.

b. Describe the final settlement of the fair division problem.

Blurred answer
Students have asked these similar questions
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 parcels; 5₁, 52, 53, and s4. 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. What was Brenda's bid list? 51 5₂ Alonzo $50,000 Brenda $40,000 $80,000 Camille $110,000 $40,000 $30,000 Donald $60,000 OA. (₂₂) OB. (₂4) 53 54 $50,000 $70,000 $55.000 OC. (₂.₂) OD. (₂.) OE. None of these CELLD
Anya, Bil, and Carrie are dividing the contents of an abandoned storage locker with three items via the Method of Sealed Bids. Their bids on a Dresser, a crystal Egg, and a Futon are given in the table below.   Anya Bil Carrie Dresser $350 $400 $380 Egg $180 $140 $150 Futon $40 $75 $70 After the initial allocation, but before the kitty is split, what does Anya have? Group of answer choices the Egg and gets $10 the Egg and the Futon and pays $340 the Dresser and the Futon and pays $200 No items and gets $190
Question 6 is unpinned. Click to pin.    Question at position 6  Camila and Mark are going to divide a laptop and a computer desk using the Method of Sealed Bids. They place the following bids on the items. Camila bids $235 on the laptop, and $69 on the desk. Mark bids $56 on the laptop, and $45 on the desk. Camila, with higher bids on both of them, will take both items. To make the division fair, how much money will she have to give to Mark?

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
Reading, Writing, and Rounding Whole Numbers Write in words. 357

Mathematics for the Trades: A Guided Approach (11th Edition) (What's New in Trade Math)

49-50. Energy Savings. For these questions, assume that there are 365 days in a year. 49. Your utility compan...

Using & Understanding Mathematics: A Quantitative Reasoning Approach (7th Edition)

Work the given exercises. (See Examples 5 and 9.) Monster Beverage Costs The cost function (in millions) for th...

Mathematics with Applications In the Management, Natural, and Social Sciences (12th Edition)

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
Discrete Mathematics and Its Applications ( 8th I...
Math
ISBN:9781259676512
Author:Kenneth H Rosen
Publisher:McGraw-Hill Education
Text book image
Mathematics for Elementary Teachers with Activiti...
Math
ISBN:9780134392790
Author:Beckmann, Sybilla
Publisher:PEARSON
Text book image
Calculus Volume 1
Math
ISBN:9781938168024
Author:Strang, Gilbert
Publisher:OpenStax College
Text book image
Thinking Mathematically (7th Edition)
Math
ISBN:9780134683713
Author:Robert F. Blitzer
Publisher:PEARSON
Text book image
Discrete Mathematics With Applications
Math
ISBN:9781337694193
Author:EPP, Susanna S.
Publisher:Cengage Learning,
Text book image
Pathways To Math Literacy (looseleaf)
Math
ISBN:9781259985607
Author:David Sobecki Professor, Brian A. Mercer
Publisher:McGraw-Hill Education
Probability & Statistics (28 of 62) Basic Definitions and Symbols Summarized; Author: Michel van Biezen;https://www.youtube.com/watch?v=21V9WBJLAL8;License: Standard YouTube License, CC-BY
Introduction to Probability, Basic Overview - Sample Space, & Tree Diagrams; Author: The Organic Chemistry Tutor;https://www.youtube.com/watch?v=SkidyDQuupA;License: Standard YouTube License, CC-BY