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Oscar, Ralph, Mary, and Wanda wish to divide a business property. Person Oscar Ralph Mary Wanda Bid $42,000 $50,000 $47,000 $41,000 Use the Knaster procedure

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Oscar, Ralph, Mary, and Wanda wish to divide a business property. Person Oscar Ralph Mary Wanda Bid $42,000 $50,000 $47,000 $41,000 Use the Knaster procedure to divide fairly property with the given bids. Person Oscar Ralph Mary Bid $42,000 $50,000 $47,000 Wanda Kitty $41,000 Business award Business $0 To Kitty 37500 37500 X $ $ From Kitty $ $ $ $ $ Il Divide Kitty $ $ $ $0 Total $ to James and Gary want to divide three small businesses. Bid James Gary Business 1 $10,000 $22,000 Business 2 26,000 4,000 Business 3 6,000 10,000 Use the Knaster procedure to divide fairly property with the given bids. Bid James Gary Kitty Business 1 Business 2 $10,000 $26,000 $6,000 $22,000 $4,000 $10,000 Business 3 Business 1 award Business 1 $0 To Kitty $ $ From Kitty $ $ $ Business 2 award Business 2 $ $ To Kitty $ From Kitty $ $ $ Business 3 award Business 3 $ To Kitty $ $ From Kitty $ $ $ $ Divide Kitty $ $0 Total $ A conglomerate splits into three companies and has to divide the distribution rights for a clothing line and a food line. Bid Company 1 Company 2 Company 3 Clothing line $15,000,000 $21,000,000 $3,000,000 Food line 24,000,000 9,000,000 9,000,000 Use the Knaster procedure to divide fairly property with the given bids. (All amounts below are in millions of dollars.) Bid Company 1 Company 2 Company 3 Kitty Clothing line $15.0 $21.0 $3.0 Food line $24.0 $9.0 $9.0 Clothing line award Clothing line $0 To Kitty From Kitty to $ Food line award Food line to to To Kitty DIONI 01 From Kitty $ $ $ $ $ IDI $ $ Divide Kitty to A 000 $0 Total $

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