Monica, Phoebe, Rachel, Chandler, Joey, and Ross bid on a much coveted resource (Marcel the monkey). Monica Phoebe Rachel Chandler Joey Ross Marcel $36 $90 $9 $18 $72 $81 The friends decide that Joey...

Monica, Phoebe, Rachel, Chandler, Joey, and Ross bid on a much coveted resource (Marcel the monkey).<br>Monica<br>Phoebe<br>Rachel<br>Chandler<br>Joey<br>Ross<br>Marcel<br>$36<br>$90<br>$9<br>$18<br>$72<br>$81<br>The friends decide that Joey should get Marcel. Joey will then pay everyone else their bid divided by the number of<br>people.<br>(a) What is the value of the winning bid in this example?<br>(b) What is the sum of everyone's fair share in this example?<br>(c) What is x Phoebe in this example?<br>(d) What is Phoebe's fair share?<br>(e) What is Phoebe's XB ratio rounded to four decimal places?<br>

Extracted text: Monica, Phoebe, Rachel, Chandler, Joey, and Ross bid on a much coveted resource (Marcel the monkey). Monica Phoebe Rachel Chandler Joey Ross Marcel $36 $90 $9 $18 $72 $81 The friends decide that Joey should get Marcel. Joey will then pay everyone else their bid divided by the number of people. (a) What is the value of the winning bid in this example? (b) What is the sum of everyone's fair share in this example? (c) What is x Phoebe in this example? (d) What is Phoebe's fair share? (e) What is Phoebe's XB ratio rounded to four decimal places?

Jun 04, 2022

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Monica, Phoebe, Rachel, Chandler, Joey, and Ross bid on a much coveted resource (Marcel the monkey). Monica Phoebe Rachel Chandler Joey Ross Marcel $36 $90 $9 $18 $72 $81 The friends decide that Joey...

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