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what is the smallest value a winning bid could be

(1 point What is the smallest value a winning bid could be in the following scenario invoing three siblings and a house, prov
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Answer #1

Broomhida bidding amount=$510,000.

Shoshana bidding amount=$210, 000.

Beatrice bidding amount=$390,000.

Smallest amount of bidding=$210, 000.

Average amount of bidding=(510,000+210,000+390,000)/3=1,110, 000/3=$370, 000.

Hence smallest amount of bidding=$370,000.

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