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Three people are dividing up a cake worth $12 and they decide to use the Lone Divider Method. Here are the results. Player S1 S2

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Three people are dividing up a cake worth $12 and they decide to use the Lone Divider Method. Here are the results. Player S1 S2 S3 Total Fair Share Acceptable Lots D 4 4 4 12 4 $1, $2, $3 C1 6 3 3 12 4 S1 C2 7 2 3 12 4 S1 A fair Division is impossible. Let's give the Divider $2 and make C1 the new divider. (2 pts) C1 needs to make $1 and $3 have equal value. How will C1 do that? (3 pts) How will C2 value the new $1 and the new $3

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