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Scenario: Lisa is moving to Vancouver and is selling her 2010 Yamaha piano. She has taken very good care of the piano and would really
Scenario: Lisa is moving to Vancouver and is selling her 2010 Yamaha piano. She has taken very good care of the piano and would really like to get $6000. for it. She knows that there are some others on Kijiji, and that they are selling for far less; but hers is newer and in mint condition. The lowest that she is prepared to go is $3000., and she is really reluctant to go that low, but does need the money for the move. Lisa was mentioning to a friend at choir class that she is selling her piano and the frien mentioned that her cousin Rachel is looking to buy a used piano. Rachel has been looking at pianos online for the last two months and was really hoping to pick one up for about $500. Rach has $3500, but was hoping not to spend all $3500 on the piano as she wanted to buy lessons as well. Her cousin who is in choir class mentioned that a lady named Lisa was selling her piano. Rachel has decided to call her and offer her $500 in the hopes that Lisa is desperate to sell. Question: $500.00 represents what to Rachel? Select one: a. Her WATNA b. Her reservation point OC. Her aspiration point. d. Her resistance point. e. Her BATNA
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