Use the last diminisher method to solve the following problem.1. A piece of property valued at $50,000 is divided among five players (P1, P2, P3, P4, P5)using the last diminisher method. The players play in a fixed order, with P1 first, P2second, and so on. In round 1, P1 makes the first cut and makes a claim on a C-piece ofthe land. For each of the remaining players, the value of the current C-piece at the time itis their turn is given in the following table:Player 2Player 3Player 4Player 5Value of$12,000$13,000$9,000$8,000current C-piecea.) What is the fair share for each player?Show your work in the space provided below.b.) What does player 2 do with the piece and why?c.) What does player 3 do with the piece and why?d.) What does player 4 do with the piece and why?e.) What does player 5 do with the piece and why?f.) Who gets the piece at the end of round 1 and why is it that person?g.) What is the value of the piece?

Given: The value of current C-piece at the time it is the turn of other players P2, P3, P4, P5 is:…

Answered: 1. A piece of property valued at…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

See similar textbooks

Similar questions

Denim Company offers sales people the following commission structure, with commission being paid monthly: 1.00% on the first $4,000 they sell, 4.00% on the next $2,000 they sell, and 4.50% thereafter on all sales they make. Erica, a new sales representative, made sales of $5,000 in her first month, $7,000 in her second month, and $6,200 in her third month. a. What were her total commissions for the first three months? Round to the nearest cent b. What single commission rate would represent her total earnings throughout the first 3 months?
Players A, B, C, and D are dividing an estate using the Method of Sealed Bids. There are three indivisible items to allocate. A B C D Item #1 $470 $500 $530 $490 Item #2 $300 $320 $290 $310 Item #3 $430 $380 $380 $400 A fair share to player B is worth at least ["600","400", "300", "200"] . Player ["A", "B", "C", "D"] gets Item #1. Player ["A", "B", "C", "D"] gets Item #2. Player ["A", "B", "C", "D"] gets Item #3. After the kitty has been divided, player A gets ["no items", "item #1", "item #2", "item #3", "more than one item"] and ["pays $110", "pays $130", "gains $35", "gains $130"] .
. Four heirs (A, B, C, and D) must fairly divide an estate consisting of two items a house and a car - using the method of sealed bids. The players' bids (in dollars) are: House Car A B 230000 235000 28000 33000 с 225000 32000 The original fair share of A is worth: $ In the initial allocation, player A: Select an answer D 223000 30000 and Select an answer the estate $ After all is said and done, in the final allocation, Select an answer player A: and Select an answer the estate $
You are on trial for financial fraud, and there are 8 prospective judges, including Donald and Hillary, both of whom you have bribed. A three judge panel will be selected from the 8 to decide the verdict. How many such possible panels include Donald or Hillary?
Español Kaitlin is playing a game in which she spins a spinner with 6 equal-sized slices numbered 1 through 6. The spinner stops on a numbered slice at random. This game is this: Kaitlin spins the spinner once. She wins $1 if the spinner stops on the number 1, $3 if the spinner stops on the number 2, $5 if the spinner stops on the number 3, and $7 if the spinner stops on the number 4. She loses $6.50 if the spinner stops on 5 or 6. (If necessary, consult a list of formulas.) 00 (a) Find the expected value of playing the game. | dollars (b) What can Kaitlin expect in the long run, after playing the game many times? O Kaitlin can expect to gain money. She can expect to win dollars per spin. O Kaitlin can expect to lose money. She can expect to lose dollars per spin. O Kaitlin can expect to break even (neither gain nor lose money). Save For Later Submit Assignment Check 2022 McGraw HilL LLC. AlLRiahts Reserved. Terms of Use Privacy Center Accessibility étv 8 MacBook Air DII F9 F10 F11 F7…
Find the highest per capita personal income for the six states shown
4. A grocery store in Quiapo sells a 5% - kilo sweet ham for P1,320.00 while another grocery store in Quinta Market sells a 6-kilo ham of the same quality for P 1,410. a. Which store sells harm at a lower price? b. By how much?
Suppose a coupon allow you to choose 2 movies out of 5 to get a 20% discount on a Saturday. How many different ways can you choose 2 movies out of 5?
Toward the end of a game of Scrabble you hold the letters D,O,G and Q. You can choose three of these four letters and arrange them in order in how many different ways?
Four puppies, Bruno, Kitty, O'Reilly, and Sweetie, competed in the Annual Puppies of the World Fair. Prizes were awarded for the top three competitors as follows: first place received a Red Ribbon, second place received a Yellow Ribbon, and third place received a Blue Ribbon. Three members of the audience predicted how the prizes would be awarded. • Lucie predicted that Sweetie would win a Red Ribbon, Kitty would win a Yellow Ribbon, and O'Reilly would win a Blue Ribbon. • Jenn predicted that Bruno would win a Red Ribbon, Sweetie would win a Yellow Ribbon, and O'Reilly would win a Blue Ribbon. • Brenton predicted that Kitty would win a Red Ribbon, Bruno would win a Yellow Ribbon, and Sweetie would win a Blue Ribbon. It turns out that each audience member predicted exactly one prize winner correctly. Determine which dog won which prize.
Andre, Bea, and Chad or dividing an estate consisting of a house, a small farm, and a painting using the method of sealed bids. The table below shows the players bids on each of the items. House Farm Painting Tatal Val.. The farm goes to 65,000.00 CCO 000 onl CCO 000 onl a) Describe the first settlement of this fair division and compute the surplus. The house goes to The painting goes to Andre Bea Chad ◆ $ Andre ◆ $ The farm goes to Bea The painting goes to Chad $ ◆ $ ( b) Describe the final settlement of this fair division problem. The house goes to Andre $ $ 180,000.00 120,000.00 175,000.00| 430,000.00 480,000.00 428,000.00 Bea CO2 000 001 ◆ 72,000.00 60,000.00 Chad ◆

Recommended textbooks for you

Advanced Engineering Mathematics

Advanced Math

ISBN:

9780470458365

Author:

Erwin Kreyszig

Publisher:

Wiley, John & Sons, Incorporated

Numerical Methods for Engineers

Advanced Math

ISBN:

9780073397924

Author:

Steven C. Chapra Dr., Raymond P. Canale

Publisher:

McGraw-Hill Education

Introductory Mathematics for Engineering Applicat…

Advanced Math

ISBN:

9781118141809

Author:

Nathan Klingbeil

Publisher:

WILEY

Advanced Engineering Mathematics

Advanced Math

ISBN:

9780470458365

Author:

Erwin Kreyszig

Publisher:

Wiley, John & Sons, Incorporated

Numerical Methods for Engineers

Advanced Math

ISBN:

9780073397924

Author:

Steven C. Chapra Dr., Raymond P. Canale

Publisher:

McGraw-Hill Education

Introductory Mathematics for Engineering Applicat…

Advanced Math

ISBN:

9781118141809

Author:

Nathan Klingbeil

Publisher:

WILEY

Mathematics For Machine Technology

Advanced Math

ISBN:

9781337798310

Author:

Peterson, John.

Publisher:

Cengage Learning,

Basic Technical Mathematics

Advanced Math

ISBN:

9780134437705

Author:

Washington

Publisher:

PEARSON

Topology

Advanced Math

ISBN:

9780134689517

Author:

Munkres, James R.

Publisher:

Pearson,

SEE MORE TEXTBOOKS