Three investors are dividing a piece of land worth $1,200,000. Each investor's value in thousands for each of the three pieces of the land isshown below. Which piece does each person receive and do they receive a fair share using the lone divider method?Piece 1Piece 2Piece 3Marshall300420480Sam460360380Keisha400400400Marshall's bid: Piece 2 and PieceSam's bid: Piece 1aMarshall receives Piece 2, Keisha receives 3, and Sam receives Piece 1. Everyone receives a fair share.Marshall receives Piece 3, Keisha receives 2, and Sam receives Piece 1. Everyone receives a fair share.Marshall receives Piece 3, Keisha receives 2, and Sam receives Piece 1. No one receives a fair share.d.Marshall receives Piece 3, Keisha receives 1, and Sam receives Piece 2. Everyone receives a fair share.

Land worth = 1200,000 We have to use long divider method to know every one share. Here Chooser 1…

Answered: Three investors are dividing a piece of…

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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