The ________ is the price at which the entrepreneur is indifferent about whether to accept the agreement or choose an alternative.
A) break-even price
B) franchise price
C) bargaining zone
D) reservation price

Question

Quizplus · Accepted Answer

The reservation price is the maximum price a buyer is willing to pay or the minimum price a seller is willing to accept in a negotiation. In this case, the entrepreneur's reservation price is the price at which they would be indifferent about accepting the agreement or choosing an alternative. Therefore, the correct answer is D - reservation price.

The ________ Is the Price at Which the Entrepreneur Is