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Mike and Steve are students at Berkeley College. They share an apartment that is owned by Steve. Steve is considering subscribing to an Internet provider

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Mike and Steve are students at Berkeley College. They share an apartment that is owned by Steve. Steve is considering subscribing to an Internet provider that has the following packages available: Package Per Month Mike spends most of his time on the Internet ("everything can be found online now) Steve prefers to spend his time talking on the phone rather than using the Internet ("going online is a waste of time. They agree that the purchase of the 590 total package is a win-win situation Requirements 1. Allocate the $90 between Mike and Steve using (a) the stand-alone cost-allocation method, (b) the incremental cost-allocation method, and (c) the Shapley value method. 2. Which method would you recommend they use and why? A. Internet access B.Phone services C. Internet access + phone services Requirement 1. Allocate the 590 between Mike and Steve using (a) the stand-alone cost-allocation method, (b) the incremental cost-allocation method, and (c) the Shapley value method. (Round your answers to the nearest cent.) Costs allocated to Mike Steve (a) Stand-alone (b) Incremental Mike primary user Steve primary user (c) Shapley Enter any number in the edit fields and then click Check Answer Clear All Check Answer part remaining

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