Use the Sealed Bids method to solve the following problem. A mother leaves all of her assets to a charity except three items. She leaves her land, a car, and a lake house to her 3 adult children....

Use the Sealed Bids method to solve the following problem A mother leaves all of her assets to a charity except three items. She leaves her land, a car, and a lake house to her 3 adult children. Divided up the assets using the Sealed Bids method. Each adult child honestly and independently places the following bids in thousands of dollars.Use the Sealed Bids method to solve the following problem.<br>A mother leaves all of her assets to a charity except three items. She leaves her land, a car, and a<br>lake house to her 3 adult children. Divided up the assets using the Sealed Bids method. Each<br>adult child honestly and independently places the following bids in thousands of dollars.<br>Child 1<br>Child 2<br>Child 3<br>Land<br>100<br>85<br>55<br>Car<br>23<br>38<br>10<br>Lake House<br>300<br>120<br>250<br>a.) State which item or items that each child will receive.<br>Child 1:<br>Child 2:<br>Child 3:<br>b.) Complete the table to determine the fair share for the first settlement.<br>Child 1<br>Child 2<br>Child 3<br>Land<br>100<br>85<br>55<br>Car<br>23<br>38<br>10<br>Lake House<br>300<br>120<br>250<br>Total<br>Fair Dollar Share<br>

Extracted text: Use the Sealed Bids method to solve the following problem. A mother leaves all of her assets to a charity except three items. She leaves her land, a car, and a lake house to her 3 adult children. Divided up the assets using the Sealed Bids method. Each adult child honestly and independently places the following bids in thousands of dollars. Child 1 Child 2 Child 3 Land 100 85 55 Car 23 38 10 Lake House 300 120 250 a.) State which item or items that each child will receive. Child 1: Child 2: Child 3: b.) Complete the table to determine the fair share for the first settlement. Child 1 Child 2 Child 3 Land 100 85 55 Car 23 38 10 Lake House 300 120 250 Total Fair Dollar Share
c.) How much does each adult child receive in the final settlement?<br>Child 1:<br>Child 2:<br>Child 3:<br>Show your work or explain your reasoning here:<br>d.) How much does the estate temporarily receive?<br>Show your work or explain your reasoning here:<br>

Extracted text: c.) How much does each adult child receive in the final settlement? Child 1: Child 2: Child 3: Show your work or explain your reasoning here: d.) How much does the estate temporarily receive? Show your work or explain your reasoning here:

Jun 03, 2022
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