Question: A 6-foot sub valued at $20 is divided among five players, (P 1 , P 2 , P 3 , P 4 , P 5

A 6-foot sub valued at $20 is divided among five players, (P1, P2, P3, P4, P5) using the last-diminisher method. The players play in a fixed order, with P1first, P2second, and so on. In round 1, P1makes the first cut and makes a claim on aC-piece. For each of the remaining players, the value of thecurrentC-piece at the time it is their turn is given in the following table:

P2 P3 P4 P5

Value of the currentC-piece $5.00 $3.50 $6.00 $3.00

  1. Which player gets his or her share at the end of round 1? player 1, 2,3,4,5?
  2. What is the value of the share to the player receiving it? $ _____

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