Use the Following Information to Answer the Questions:
Suppose Kim

question 109

Multiple Choice

Use the following information to answer the Questions:
Suppose Kim and Chris want to take turns, using the bottom-up strategy, to allocate several textbooks currently held jointly. Their ranked preferences are listed below: $$\begin{array} { | l | l | l | l | l | l | l | } \hline & 1 ^ { \text {st } } & 2 ^ { \text {nd } } & 3 ^ { \text {nd } } & 4 ^ { \text {th } } & 5 ^ { \text {th } } & 6 ^ { \text {th } } \\\hline \text { Chris } & \text { botany } & \text { sociology } & \text { physiology } & \text { biology } & \text { ecology } & \text { chemistry } \\\hline \text { Kim } & \text { biology } & \text { chemistry } & \text { botany } & \text { sociology } & \text { ecology } & \text { physiology } \\\hline\end{array}$$
-If Kim chooses first, when is the physiology book chosen?

• A) It is Chris's second choice.
• B) It is Chris's third choice.
• C) It is Kim's second choice.
• D) It is Kim's third choice.

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Definitions:

Market Value

The current price at which an asset or service can be bought or sold in the open market.

Purchase Price

The purchase price is the amount of money paid to buy an asset, product, or service.

Ethically

Acting in ways considered morally right and professionally appropriate according to standards of conduct.

Consequences

The results or effects that stem from specific actions, decisions, or policies, which can be positive, negative, or neutral.