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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 180,000.00 120,000.00 175,000.00 430,000.00 480,000.00 428,000.00 72,000.00 60,000.00 65,000.00 con 000 nol CC0.000 nol CCO 000 onl a) Describe the first settlement of this fair division and compute the surplus. The house goes to Tatal Val..a The farm goes to Andre The painting goes to ◆ Bea → Chad

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 180,000.00 120,000.00 175,000.00 430,000.00 480,000.00 428,000.00 72,000.00 60,000.00 65,000.00 con 000 nol CC0.000 nol CCO 000 onl a) Describe the first settlement of this fair division and compute the surplus. The house goes to Tatal Val..a The farm goes to Andre The painting goes to ◆ Bea → Chad

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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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 ◆
Transcribed Image Text: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 ◆
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