Question: 2. A huge 8-foot sub valued at $60 is divided among six players (P1, P2, P3, P4, P5, P6) using the last-diminisher method. The players

2. A huge 8-foot sub valued at $60 is divided among six players (P1, P2, P3, P4, P5, P6) using the last-diminisher method. The players play in a fixed order, with P1 first, P2 second, and so on. In round 1, P1 makes the first cut and makes a claim on a piece. For each of the remaining players, the value of the current claimed piece at the time it is their turn is given in the following table. P2 P3 P4 P5 P6 Value of the current claimed piece $8.00 $11.50 $12.00 $7.00 $10.75 a) Which player gets their share at the end of round 1? b) What is the value of the share to the player receiving it? Suppose that the values were: P2 P3 P4 P5 P6 Value of the current claimed piece $10.00 $9.75 $11.50 $10.50 $8.75 c) Which player gets their share at the end of round 1? d) What is the value of the share to the player receiving it

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