Ben buys an HP computer for $700. If he follows the principles taught so far, how many of the following are true? I. His PIBP for that computer must be less than $700. II. If Ben received an offer to...

Ben buys an HP computer for $700. If he follows the principles taught so far, how many of the following are true?

I. His PIBP for that computer must be less than $700.

II. If Ben received an offer to buy an additional (identical) HP computer at an 80% discount, he would take it.

III. If Ben were offered a free computer (either the HP or a Dell), he would definitely prefer the Dell because it costs $900.

a. Neither, I, IT or III

b. I only

c. II only

d. Ill only