Three investors are dividing a piece of land worth $300,000. Each investor's value in thousands for each of the thnree pieces of the land is shown below. Which piece does each person receive? Do they receive a fair share using the lone divider method? Piece 1 Piece 2 Piece 3 Henry 80 100 120 Juan 100 100 100 Sarah 60 90 150 Henry's bid: Piece 2 and Piece 3 Sarah's bid: Piece 3 a. Henry receives Piece 2, Sarah receives 3, and Juan receives Piece 1. Everyone receives a fair share. X b. Henry receives Piece 3, Sarah receives 3, and Juan receives Piece 2. Everyone receives a fair share. c. Henry receives Piece 2, Sarah receives 3, and Juan receives Piece 1. No one receives a fair share. d. Henry receives Piece 2, Sarah receives 1, and Juan receives Piece 3. Everyone receives a fair share.

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ISBN:9780470458365
Author:Erwin Kreyszig
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Three investors are dividing a piece of land worth $300,000. Each investor's value in thousands for each of the three
pieces of the land is shown below. Which piece does each person receive? Do they receive a fair share using the lone
divider method?
Piece 1
Piece 2
Piece 3
Henry
80
100
120
Juan
100
100
100
Sarah
60
90
150
Henry's bid: Piece 2 and Piece 3
Sarah's bid: Piece 3
a. Henry receives Piece 2, Sarah receives 3, and Juan receives Piece 1. Everyone receives a fair share.
X b. Henry receives Piece 3, Sarah receives 3, and Juan receives Piece 2. Everyone receives a fair share.
c. Henry receives Piece 2, Sarah receives 3, and Juan receives Piece 1. No one receives a fair share.
d. Henry receives Piece 2, Sarah receives 1, and Juan receives Piece 3. Everyone receives a fair share.
Transcribed Image Text:Three investors are dividing a piece of land worth $300,000. Each investor's value in thousands for each of the three pieces of the land is shown below. Which piece does each person receive? Do they receive a fair share using the lone divider method? Piece 1 Piece 2 Piece 3 Henry 80 100 120 Juan 100 100 100 Sarah 60 90 150 Henry's bid: Piece 2 and Piece 3 Sarah's bid: Piece 3 a. Henry receives Piece 2, Sarah receives 3, and Juan receives Piece 1. Everyone receives a fair share. X b. Henry receives Piece 3, Sarah receives 3, and Juan receives Piece 2. Everyone receives a fair share. c. Henry receives Piece 2, Sarah receives 3, and Juan receives Piece 1. No one receives a fair share. d. Henry receives Piece 2, Sarah receives 1, and Juan receives Piece 3. Everyone receives a fair share.
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