Question: Use the adjusted winner procedure to divide items if the initial bids are as shown. Round answers in percentage form to one decimal place. Mike

Use the adjusted winner procedure to divide items if the initial bids are as shown. Round answers in percentage form to one decimal place. Mike and Simon divide automobiles.

Mike Item Simon
50 BMW 30
25 Mercedes 30
25 Lexus 40

In the final allocation, Simon has the Lexus and (need answered) % of the Mercedes; Mike has the BMW and (need answered) % of the Mercedes.

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