Chapter 3, Problem 43E

Ana, Belle, and Chloe are dividing four pieces of furniture using the method of sealed bids. Table 3-22 shows the player bids on each of the items.

$Table3-22$

	Ana	Belle	$$ Chloe
Dresser	$\$150$	$\$300$	$\$275$
Desk	$\$180$	$\$150$	$\$165$
Vanity	$\$170$	$\$200$	$\$260$
Tapestry	$\$400$	$\$250$	$\$500$

a. Find the value of each player’s fair share.

b. Describe the first settlement (who gets which item and how much do they pay or get in cash).

c. Find the surplus after the first settlement is over.

d. Describe the final settlement (who gets which item and how

much do they pay or get in cash).