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Please help me with the below. I asked it 24 h ago and no reply yet. Consider a sequential game between a shopkeeper and a

Please help me with the below. I asked it 24 h ago and no reply yet.

Consider a sequential game between a shopkeeper and a haggling customer. The party who moves first chooses either a high price ($50) or low price ($20) and the second mover either agrees to the price or walks away from the deal and neither party gets anything. Ignore costs and assume the customer values the item at $60.

If the customer moves first with a high price what is the best response of the shopkeeper

a.

Accept the high price happily

b.

Walk away from the deal

c.

Throw the haggling customer out of your store

d.

Laugh at the customer's face

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