Consider the following statements about Bargaining Focal Points in real estate markets: A: Home sale prices that end with a round number tend to start with a list price higher than that number B: The distribution of home sales prices shows "spikes" at round numbers. C: Rounding to a Focal Point in bargaining tends to push prices below actual value. O Only A Only B O Only C OA and B OB and C A and C OA, B, and C O None of these.

Consider the following statements about Bargaining Focal Points in real estate markets: A: Home sale prices that end with a round number tend to start with a list price higher than that number B: The distribution of home sales prices shows "spikes" at round numbers. C: Rounding to a Focal Point in bargaining tends to push prices below actual value. O Only A Only B O Only C OA and B OB and C A and C OA, B, and C O None of these.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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