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Gavin Rampart can't wait to buy his first car after graduation. He has to stay within his budget of $15k-$20k as he's saving for a
Gavin Rampart can't wait to buy his first car after graduation. He has to stay within his budget of $15k-$20k as he's saving for a trip to Europe next year. The car of his dreams is being offered for $25k by the local dealer. In negotiations, the dealer stated $21.5k is the auto company's final offer. What is true about this example? Group of answer choices Seller's reservation price is lower than the buyer's reservation price Buyer's reservation price is higher than the seller's reservation price At this point, there isn't a negotiation bargaining zone Buyer's target price is within $6.5k of seller's target price
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