Joanna's assessment of the value of a handbag sold at $110 is $200.The $200 is referred to as the

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The $200 referred to as Joanna's assessment of the value of the handbag is actually her reservation price, which is the highest price she would be willing to pay for the product. Therefore, the correct answer is D, customer's reservation price. A is incorrect because market price refers to the current price at which a product is being sold. B is incorrect because negotiated price implies that the customer has haggled or bargained for a lower price than the original price. C is incorrect because base value is a term that is often used in finance and accounting and refers to the initial cost of an asset or investment. Finally, E is incorrect because profit growth price is not a common term used in marketing or finance.

Joanna's Assessment of the Value of a Handbag Sold at $110