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Card 19 / 40: You hope to spend no more than $100 on a new piece of clothing. You want to negotiate with the sales clerk for a suit that costs $125. Which of the following terms best describes your $100 in this negotiation?
A) Your reservation point
B) Your ZOPA
C) Your BATNA
D) None of these answers

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Questions & Answers

what is decentralised

mithlesh Reply

Ayele, K., 2003. Introductory Economics, 3rd ed., Addis Ababa.

Widad Reply

can you send the book attached ?

Ariel

?

Ariel

What is economics

Widad Reply

the study of how humans make choices under conditions of scarcity

AI-Robot

U(x,y) = (x×y)1/2 find mu of x for y

Desalegn Reply

U(x,y) = (xÃy)1/2 find mu of x for y

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what is ecnomics

Jan Reply

this is the study of how the society manages it's scarce resources

Belonwu

what is macroeconomic

John Reply

macroeconomic is the branch of economics which studies actions, scale, activities and behaviour of the aggregate economy as a whole.

husaini

etc

husaini

difference between firm and industry

husaini Reply

what's the difference between a firm and an industry

Abdul

firm is the unit which transform inputs to output where as industry contain combination of firms with similar production 😅😅

Abdulraufu

Suppose the demand function that a firm faces shifted from Qd  120 3P to Qd  90  3P and the supply function has shifted from QS  20  2P to QS 10  2P . a) Find the effect of this change on price and quantity. b) Which of the changes in demand and supply is higher?

Toofiq Reply

explain standard reason why economic is a science

innocent Reply

factors influencing supply

Petrus Reply

what is economic.

Milan Reply

scares means__________________ends resources. unlimited

Jan

economics is a science that studies human behaviour as a relationship b/w ends and scares means which have alternative uses

Jan

calculate the profit maximizing for demand and supply

Zarshad Reply

Why qualify 28 supplies

Milan

what are explicit costs

Nomsa Reply

out-of-pocket costs for a firm, for example, payments for wages and salaries, rent, or materials

AI-Robot

concepts of supply in microeconomics

David Reply

economic overview notes

Amahle Reply

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Explanation:

A. Please refer to the Unit 2 introduction. See Section 3.1 of FAO's EASYPol: Tanya Alfredson and Azeta Cungu's "Negotiation Theory and Practice: A Review of the Literature: Section 3: Negotiation Theory: Foundations and Approaches," "Strategies and Tactics." Each person in a negotiation has a reservation point, or bottom line. In this case, you choose to spend no more than $100, so this is your reservation point.

Hide Choices Interactive Question Quiz Home Page

https://www.jobilize.com/negotiations-conflict-management-mcq-quiz-by-charles-jumper

Negotiations & Conflict Management BUS210

Author:

Charles JumperProfessor

Saylor Foundation

USA

Access: Public Instant Grading

Accepted Answer

Answer:
A) Your reservation point

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