Gertie saw a pair of jeans that she was willing to buy for $35. The price tag said they were $29.99. Therefore:
A) Gertie should not buy the jeans because they will be of lower quality than she expected.
B) Gertie should not buy the jeans because the price is not equal to her reservation price.
C) Gertie should buy the jeans because the price is less than her reservation price.
D) Gertie should buy the jeans because the price is more than her reservation price.

Question

Quizplus · Accepted Answer

Buyers will only purchase an item if its price is less than or equal to their reservation price.

Gertie Saw a Pair of Jeans That She Was Willing