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The government is auctioning off oil leases at two sites: 1 and 2. At each site 10,000 acres of land are to be auctioned. Cliff

The government is auctioning off oil leases at two sites: 1 and 2. At each site 10,000 acres of land are to be auctioned. Cliff Ewing, Blake Barnes, and Alexis Pickens are bidding for the oil. Government rules state that no bidder can receive more than 40% of the land being auctioned. Cliff has bid $10,000 per acre for site 1 land and $20,000 per acre for site 2 land. Blake has bid $9000 per acre for site 1 land and $22,000 per acre for site 2 land. Alexis has bid $11,000 per acre for site 1 land and $19,000 per acre for site 2 land.

Answer the ?? below.

Determine how to maximize the government's revenue:

Bidders Site 1 Site 2
Ewing ?? ??
Barnes ?? ??
Pickens ?? ??

Enter the maximized government's revenue: ??

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