Suppose that N players bid on M items using the method of sealed bids. Let T denote the
Chapter 3, Problem 69(choose chapter or problem)
Suppose that N players bid on M items using the method of sealed bids. Let T denote the table with M rows (one for each item) and N columns (one for each player) containing all the players bids (i.e., the entry in column j, row k represents player js bid for item k). Let c1, c2,c, cN denote, respectively, the sum of the entries in column 1, column 2,c, column N of T, and let r1, r2,c, rM denote, respectively, the sum of the entries in row 1, row 2,c, row M of T. Let w1, w2,c, wM denote the winning bids for items
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