The Seller's Reservation Price is:

A) the minimum price a seller will accept and still voluntarily transfer the good or service to the buyer.
B) the maximum price the seller things he can charge before he has moral reservations about what he is doing.
C) the price that the Bureau of Indian Affairs charges for goods and services on Indian Reservations in the U.S..
D) the down-payment amount necessary to get a seller to reserve the product for a particular buyer.

Question

25-06-2024
Business

Answered

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The Seller's Reservation Price is:

A) the minimum price a seller will accept and still voluntarily transfer the good or service to the buyer.
B) the maximum price the seller things he can charge before he has moral reservations about what he is doing.
C) the price that the Bureau of Indian Affairs charges for goods and services on Indian Reservations in the U.S..
D) the down-payment amount necessary to get a seller to reserve the product for a particular buyer.

Sagot :

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