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Clarence wants to sell a pair of limited edition sports shoes online and the shoes will be sold to the highest bidder. His opening price

Clarence wants to sell a pair of limited edition sports shoes online and the shoes will be sold to the highest bidder. His opening price is $250 and is non-negotiable. Which of the following terms best describe his $250 opening price?

Group of answer choices

1 BATNA (Best Alternative to a Negotiated Agreement).

2 Reservation point.

3 ZOPA (Zone of Possible Agreement).

4 Target point.

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