Three investors are dividing a piece of land worth $175,000. Each investor's value in thousands for each of the three pieces of the land is shownbelow. Which piece does each person receive and do they receive a fair share using the lone divider method?Piece BMarshallSamKeishaPiece 1462535COdPiece 2252552.5Marshall's bid: Piece 2 and Piece 3Keisha's bid: Piece 37087.5ba Marshall receives Piece 2, Keisha receives 3, and Sam receives Piece 1. Everyone receives a fair share.Marshall receives Piece 3, Keisha receives 3, and Sam receives Piece 2. Everyone receives a fair share.Marshall receives Piece 2, Keisha receives 3, and Sam receives Piece 1. No one receives a fair share.Marshall receives Piece 2, Keisha receives 1, and Sam receives Piece 3. Everyone receives a fair share.

From the given information, three investor's value in thousands for each of the three pieces of the…

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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