A consumer goes to purchase a TV advertised for $300.As he is checking out,the clerk informs him of a $20 rebate offer for the TV,which he fills out and receives in 3 months.One can infer that the consumer had:
A) a reservation price of at least $300,but jumped the hurdle anyway.
B) a reservation price of at most $280.
C) a reservation price of exactly $300.
D) a reservation price of at least $280 but less than $300.
Correct Answer:
Verified
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