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Molly Is Interested Buying Polly's Antique Doll House

Question 34

Multiple Choice

Molly is interested buying Polly's antique doll house. Molly is prepared to spend up to$2,500. Polly will not sell the doll house for less than $2,000. Suppose that any failure to reach an agreement reduces Molly's gain by 15 percent and will reduce Polly's gain by 25 percent. If there is no limit to the number of bargaining rounds, how much should Molly offer for the antique doll house?


A) An amount between $2,110 and $2,120.
B) An amount between $2,150 and $2,160.
C) An amount between $2,200 and $2,210.
D) An amount between $2,230 and $2,240.
E) None of the above.

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