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Please solve all the requirements. Thanks in advance! Ed and Nolan are students at Berkeley College. They share an apartment that is owned by Nolan.
Please solve all the requirements. Thanks in advance!
Ed and Nolan are students at Berkeley College. They share an apartment that is owned by Nolan. Nolan is considering subscribing to an Internet provider that has the following packages available: Package Per Month Ed spends most of his time on the Internet ("everything can be found online now"). Nolan 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 $90 total package is a "win-win" situation. Requirements 1. Allocate the $90 between Ed and Nolan using (a) the stand-alone cost-allocation method, (b) the incremental cost-allocation method, and (c) the Shapley value method. Which method would you recommend they use and why? A. Internet access B. Phone services C. Internet access + phone services 25 Requirement 1. Allocate the $90 between Ed and Nolan 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 Ed Nolan (a) Stand-alone (b) Incremental Ed primary user Nolan primary user (c) ShapleyStep by Step Solution
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