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There are three car mechanics have been hired in Pineng Workshop

Sociology

There are three car mechanics have been hired in Pineng Workshop. Each has different expertise that brings great profit to the workshop. However, there are some variable costs incurred for each of them. The annual revenue and cost details are as follows: Mechanic A Revenue (RM) 155,000 160,000 140,000 Variable Cost (RM) 40,000 35,000 38,000 Fixed Cost (RM) 40,000 40,000 40,000 B ? - i. ii. iii. iv. Determine the relevant characteristic function Find the core to determine how much each mechanic should be paid. Determine the Shapley value of the game. Does the Shapley value give a reasonable division of the workshop's profits?

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