Four partners are dividing a piece of land that each see as worth $124,000 among themselves. They use the lone-divider method. Alison dividing 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 $31,000 $31,000 $31,000 $31,000 Ben $25,000 $36,000 $38,000 $25,000 Cailyn $35,000 $25,000 $36,000 $28,000 Derek $26,000 $28,000 $40,000 $30,000 How do we resolve this situation according to Lone Divider?
Four partners are dividing a piece of land that each see as worth $124,000 among themselves. They use the lone-divider method. Alison dividing 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 $31,000 $31,000 $31,000 $31,000 Ben $25,000 $36,000 $38,000 $25,000 Cailyn $35,000 $25,000 $36,000 $28,000 Derek $26,000 $28,000 $40,000 $30,000 How do we resolve this situation according to Lone Divider?
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
Related questions
Question
Four partners are dividing a piece of land that each see as worth $124,000 among themselves. They use the lone-divider method. Alison dividing 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
|
$31,000 | $31,000 | $31,000 | $31,000 |
|
Ben
|
$25,000 | $36,000 | $38,000 | $25,000 |
|
Cailyn
|
$35,000 | $25,000 | $36,000 | $28,000 |
|
Derek
|
$26,000 | $28,000 | $40,000 | $30,000 |
How do we resolve this situation according to Lone Divider?
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
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,
