Mary and Pat are getting divorced and decide to split the house and their savings...

80.2K

Verified Solution

Question

Basic Math

image

Mary and Pat are getting divorced and decide to split the house and their savings using the method of Sealed Bids Each person will make a confidential bid to the attorney and if they present the highest bid for an item they will own it but will have to pay the other person their fair share of the cash value of the item Neither Mary nor Pat will know what the other bid Here are the results the attorney gathered House Bid Cash Mary Pat 280 000 1 000 220 000 80 000 I According to Pat what should be his perceived fair share cash value amount to the nearest dollar

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students