Use the following statements to answer the question: I. Consider the problem of negotiating the price of a rug that costs $200 to make. If there are two buyers (one with a maximum willingness-to-pay of $200 and one with a maximum willingness-to-pay of $250), then the situation is a noncooperative game. II. The likely outcome from the game described in statement I is that the second buyer will bid a price slightly above $200 (e.g., $201) to win the rug.

	A.	I and II are false.
	B.	I is true and II is false.
	C.	I and II are true.
	D.	II is true and I is false.