Chris and Terry Must Make a Fair Division of a Stereo

question 115

Multiple Choice

Chris and Terry must make a fair division of a stereo, television, and microwave. They place point values on the objects as shown below. Using the adjusted winner procedure, what point value does Chris feel he receives in the end? $$\begin{array} { l l l } \text { Object } & \text { Chris's points Terry's point } \\\text { Stereo } & 25 & 45 \\\text { Television } & 60 & 35 \\\text { Microwave } & 15 & 20\end{array}$$

• A) 60
• B) 62.14
• C) 50
• D) 37.86

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Definitions:

Depreciation

The process of allocating the cost of a tangible asset over its useful life, reflecting the decrease in value over time.

Factory Overhead Cost

Indirect costs associated with manufacturing, such as maintenance, utilities, and salaries of supervisors, not directly tied to specific product units.

Construction Contractor

A business or individual that agrees to construct a building or to manage a construction project in accordance with specified parameters.

Performance Report

A document that evaluates the performance of a project, department, or employee against set goals or benchmarks.