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Requlred Information Exercises 1836 (Algo) Cost Allocation; Sharing Cab Fare [LO 18-3] [The following information...

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Requlred Information Exercises 1836 (Algo) Cost Allocation; Sharing Cab Fare [LO 18-3] [The following information applies to the questions displayed below.] Suppose there are three passengers sharing a single cab ride and that passenger A's usual fare to his destination would be $24, passenger B's usual fare to her destination would be $18, and passenger C's fare would be $42. Because they are sharing the cab, and assuming no surcharge, the total cab fare is $42, rather than the $84 they would have had to pay in total individually. So there is a $42 saving to sharing the cab. Part 2 (Algo) 3. Explain how you would split the total cost of the cab fare and why. Are there other ways that could be sensible andior fair

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