Identify the correct statement about repeated negotiations from the following.
A) Patterns in repeated negotiations can persist over time but are usually region-specific.
B) The payoff from repeated negotiations is higher than that from negotiations which are unlikely to be repeated.
C) Experience can help the parties understand each other's positions when negotiations involve previously unencountered issues.
D) The greater the experience of the buyer the higher the benefits he realizes from a repeated negotiation.
Correct Answer:
Verified
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