Required information [The following information applies to the questions displayed below. ] Suppose there are three passengers sharing a single cab ride and that passenger As usual fare to his destination would be $28, passenger B's usual fare to her destination would be $18, and passenger C's fare would be $46. Because they are sharing the cab, and assuming no surcharge, the total cab fare is $46, rather than the $92 they would have had to pay in total individually. So there is a $46 saving to sharing the cab. Required: 1. Assume the passengers decide to split the $46 savings based on the relative proportion of how much each passenger would have paid individually if they had not shared the cab. How much will each passenger pay? Passenger A: Passenger B: Passenger C: 2. Assume, instead, that the passengers decide to split the cab fare so that each passenger saves the same absolute amount of money. How much will each passenger pay? Passenger A: Passenger B: Passenger C