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Could i get help on a homework question: Two weeks ago, Mary put her house on the market for $215,000. There had been little interest

Could i get help on a homework question: Two weeks ago, Mary put her house on the market for $215,000. There had been little

interest in Mary's house until yesterday, when a young couple saw the house and made an

immediate offer of $170,000. Mary told her agent that $170,000 was clearly unacceptable,

adding that she was willing to negotiate. How should Mary think about her reservation

price for the house?

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