the sellers reservation price is: a) the down - payment amount necessary to get a seller to reserve the…

the sellers reservation price is: a) the down - payment amount necessary to get a seller to reserve the product for a particular buyer. b) the maximum price the seller things he can charge before he has moral reservations about what he is doing. c) the minimum price a seller will accept and still voluntarily transfer the good or service to the buyer. d) the price that the bureau of indian affairs charges for goods and services on indian reservations in the u.s.. question 13 (1 point) in pure capitalism: a) firms may either make a profit or suffer losses. the profits are variable and not guaranteed.
Answer
Brief Explanations:
The seller's reservation price is the minimum price a seller is willing to accept to part with a good or service. In pure capitalism, firms operate in a competitive environment where they can earn profits or incur losses as there is no external guarantee of profitability.
Answer:
- C) the minimum price a seller will accept and still voluntarily transfer the good or service to the buyer.
- A) firms may either make a profit or suffer losses. The profits are variable and not guaranteed.