Question: 7. [-/1 Points] DETAILS CRAUDQL3 8.3.022. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Consider the following situation. A conglomerate splits into three companies and has

7. [-/1 Points] DETAILS CRAUDQL3 8.3.022. MY NOTES ASK YOUR TEACHER

7. [-/1 Points] DETAILS CRAUDQL3 8.3.022. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Consider the following situation. A conglomerate splits into three companies and has to divide the distribution rights for a clothing line and a food line. Bid Company 1 Company 2 Company 3 Clothing line 512,000,000 $24,000,000 $9,000,000 Food line 30,000,000 6,000,000 9,000,000 Use the Knaster procedure to divide fairly property with the given bids. (All amounts below are in millions of dollars.) Bid Company 1 Company 2 Company 3 Kitty Clothing line $12.0 $24.0 $9.0 Food line $30.0 $6.0 $9.0 Clothing line award Clothing line $0 To Kitty S S From Kitty S S un S Food line award Food line S To Kitty S s From Kitty $ S S S Divide Kitty S S S $0 Total $ S S 7. [-/1 Points] DETAILS CRAUDQL3 8.3.022. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Consider the following situation. A conglomerate splits into three companies and has to divide the distribution rights for a clothing line and a food line. Bid Company 1 Company 2 Company 3 Clothing line 512,000,000 $24,000,000 $9,000,000 Food line 30,000,000 6,000,000 9,000,000 Use the Knaster procedure to divide fairly property with the given bids. (All amounts below are in millions of dollars.) Bid Company 1 Company 2 Company 3 Kitty Clothing line $12.0 $24.0 $9.0 Food line $30.0 $6.0 $9.0 Clothing line award Clothing line $0 To Kitty S S From Kitty S S un S Food line award Food line S To Kitty S s From Kitty $ S S S Divide Kitty S S S $0 Total $ S S

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