Mahmud, Katya, and Safiya are dividing an estate consisting of a house and a car, using the Method of Sealed Bids. Their bids on each of the items are given in the following table. Mahmud Katya Safiya House $260,000 $250,000 $290,000 Car $22,000 $20,000 $19,000 Determine how much is in the "kitty" after the initial allocation step.
Mahmud, Katya, and Safiya are dividing an estate consisting of a house and a car, using the Method of Sealed Bids. Their bids on each of the items are given in the following table. Mahmud Katya Safiya House $260,000 $250,000 $290,000 Car $22,000 $20,000 $19,000 Determine how much is in the "kitty" after the initial allocation step.
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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This set-up is used for the following three problems.
Mahmud, Katya, and Safiya are dividing an estate consisting of a house and a car, using the Method of Sealed Bids. Their bids on each of the items are given in the following table.
|
Mahmud
|
Katya
|
Safiya
|
House
|
$260,000
|
$250,000
|
$290,000
|
Car
|
$22,000
|
$20,000
|
$19,000
|
Determine how much is in the "kitty" after the initial allocation step.
Group of answer choices
$56,000
$25,000
$169,000
$349,000
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