The Flintstones Mr. Slate from the Bedrock Quarrel and Gravel Company decides in is time to clean house, so he puts up several items up for bid. He decides to use the sealed bid method and open the process to Fred and Wilma Flintstone and Barney and Betty Rubble. Each party places a bid on each of the items. The table below shows the bids on each item. Fred Wilma Barney Betty Item 1 $75 $25 $45 $58 $65 Item 2 $30 $70 $80 $40 $55 Item 3 $60 $30 $55 Item 4 $20 $70 $35 $80 Item 5 $45 $50 $45 I need to find out this aswers Based on the information in the chart determine which person gets which item along with cash payouts. Show how you reached your decision and explain how it is an equitable solution any to the problem.

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The Flintstones
Mr. Slate from the Bedrock Quarrel and Gravel Company decides in is time to clean house, so
he puts up several items up for bid. He decides to use the sealed bid method and open the
process to Fred and Wilma Flintstone and Barney and Betty Rubble. Each party places a bid on
each of the items. The table below shows the bids on each item.
Betty
$45
Fred
Wilma
Barney
Item 1
$75
$58
$25
Item 2
$30
$65
$70
$80
$40
$55
$60
$30
$55
$80
Item 3
Item 4
$20
$70
Item 5
$45
$35
$50
$45
I need to find out this asvwers
Based on the information in the chart determine which person gets which item along with any
cash payouts. Show how you reached your decision and explain how it is an equitable solution
to the problem.
Transcribed Image Text:The Flintstones Mr. Slate from the Bedrock Quarrel and Gravel Company decides in is time to clean house, so he puts up several items up for bid. He decides to use the sealed bid method and open the process to Fred and Wilma Flintstone and Barney and Betty Rubble. Each party places a bid on each of the items. The table below shows the bids on each item. Betty $45 Fred Wilma Barney Item 1 $75 $58 $25 Item 2 $30 $65 $70 $80 $40 $55 $60 $30 $55 $80 Item 3 Item 4 $20 $70 Item 5 $45 $35 $50 $45 I need to find out this asvwers Based on the information in the chart determine which person gets which item along with any cash payouts. Show how you reached your decision and explain how it is an equitable solution to the problem.
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