A group of explorers discovers a gold statue hidden deep in the jungle, and they must arrange a fair division. The table below shows their bids. Use this information to answer questions 3 through 9. Jane Jack Sam Damien Chloe 3. share.) Statue 40 80 50 30 100 Find each person's fair share of the statue. (Make clear each person's fair A. List which explorers could possibly take the statue and still arrange a fair division using cash payments. For questions 5 and 6, suppose the explorers decide on the following division: 5. Jane, Sam, and Damien receive $10 each Chloe receives $20 Jack gets the statue and pays $70 Is the division described here a fair division? Why or why not? 6. In the division described here, is all the cash accounted for? If not, how much is the surplus?
A group of explorers discovers a gold statue hidden deep in the jungle, and they must arrange a fair division. The table below shows their bids. Use this information to answer questions 3 through 9. Jane Jack Sam Damien Chloe 3. share.) Statue 40 80 50 30 100 Find each person's fair share of the statue. (Make clear each person's fair A. List which explorers could possibly take the statue and still arrange a fair division using cash payments. For questions 5 and 6, suppose the explorers decide on the following division: 5. Jane, Sam, and Damien receive $10 each Chloe receives $20 Jack gets the statue and pays $70 Is the division described here a fair division? Why or why not? 6. In the division described here, is all the cash accounted for? If not, how much is the surplus?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Transcribed Image Text:A group of explorers discovers a gold statue hidden deep in the jungle, and they must
arrange a fair division. The table below shows their bids. Use this information to answer
questions 3 through 9.
Jane Jack Sam Damien Chloe
Statue 40 80 50
30
100
3.
share.)
Find each person's fair share of the statue. (Make clear each person's fair
A.
List which explorers could possibly take the Statue and still arrange a fair
division using cash payments.
For questions 5 and 6, suppose the explorers decide on the following division:
5.
Jane, Sam, and Damien receive $10 each
Chiloe receives $20
• Jack gets the statue and pays $70
Is the division described here a fair division? Why or why not?
6.
In the division described here, is all the cash accounted for? If not, how much
is the surplus?
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