Problem

Phillip and Renea are to divide the following fairly: a cedar chest, a cabin, a rowboat,...

Phillip and Renea are to divide the following fairly: a cedar chest, a cabin, a rowboat, and a motorcycle. They will use the adjusted-winner procedure. Each has assigned points to the items as shown in the following table.

a. Based on the point assignments, who is tentatively given each item?

b. What is the result of the adjusted-winner procedure?

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Solutions For Problems in Chapter 4.2