A discount department store has a couple of dresses on sale for $1000. You choose to buy one and take it home. That evening, your friend Mary sees the dress and offers to buy it from you for $2000....


A discount department store has a couple of dresses on sale for $1000. You choose to buy one and take it home. That evening, your friend Mary sees the dress and offers to buy it from you for $2000. After calling the store and having the identical dress put on hold for you, you decide to sell the dress you own to Mary. Given this information, which of the following statements must be true at the time you decide to sell the dress to Mary?


a. Your PISP must be less than or equal to $2000.


b. Your PISP must be greater than $2000.


c. Your PIBP must be greater than $2000.


d. None of the above.



May 04, 2022
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