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Social Sciences 23 Online
OpenStudy (anonymous):

A store sells T-shirts at a price of $40 per shirt. None of the buyers are willing to pay this price. In 2 or 3 sentences, describe the signal that the buyers are sending the seller about the price of the T-shirt.

OpenStudy (anonymous):

The buyers are hinting that the product is overpriced. By saying they are not willing to pay for a $40 t-shirt, they are bargaining for a cheaper price.

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