Four heirs (A, B, C, and D) must fairly divide an estate ...

[anjilletteb]

Four heirs (A, B, C, and D) must fairly divide an estate consisting of two items - a house and a cabin - using the method of sealed bids. The players' bids (in dollars) are:

The original fair share of player A is worth
◦ $80,000.
◦ $240,000.
◦ $60,000.
◦ $120,000.
◦ none of these

[gcook]

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Only 49% of students answer this correctly

[maychende]

Four heirs (A, B, C, and D) must fairly divide an estate consisting of two items - a house and a cabin - using the method of sealed bids. The players' bids (in dollars) are:

In the initial allocation, player A
◦ gets the house and pays the estate $135,000.
◦ gets the cabin and pays the estate $15,000.
◦ gets the house and an additional $55,000 from the estate.
◦ gets the cabin and an additional $15,000 from the estate.
◦ none of these

[vickybb89]

gets the cabin and an additional $15,000 from the estate.

[Chloeellawright]

Four heirs (A, B, C, and D) must fairly divide an estate consisting of two items - a house and a cabin - using the method of sealed bids. The players' bids (in dollars) are:

In the initial allocation, player B
◦ gets the house and pays the estate $274,000.
◦ gets the house and the cabin and pays the estate $186,000.
◦ gets $62,000 from the estate.
◦ gets the house and pays the estate $150,000.
◦ none of these

[Mollythedog]

gets the house and pays the estate $150,000.

[Engineer]

Four heirs (A, B, C, and D) must fairly divide an estate consisting of two items - a house and a cabin - using the method of sealed bids. The players' bids (in dollars) are:

After the initial allocation to each player is made, there is a surplus of
◦ $20,000.
◦ $32,000.
◦ $150,000.
◦ $0.
◦ none of these

[jlaineee]

$20,000.

[joblessjake]

Four heirs (A, B, C, and D) must fairly divide an estate consisting of two items - a house and a cabin - using the method of sealed bids. The players' bids (in dollars) are:

After all is said and done, the final allocation to player A is
◦ the cabin plus $5000 in cash.
◦ the cabin plus $10,000 in cash.
◦ $65,000 in cash.
◦ the cabin plus $20,000 in cash.
◦ none of these

[ky860224]

the cabin plus $20,000 in cash.