Consider a sequential game between a shopkeeper and a haggling customer. The party who moves first chooses either a high price $($$$50)$ or low price $($$$20)$ and the second mover either agrees to the price or walks away from the deal and neither party gets anything. Ignore costs and assume the customer values the item at $$60.$

Use Scenario $16-2$

If the customer moves first and offers a low price, what is the best response of the shopkeeper?

Group of answer choices

Accept the low price.

Walk away from the deal.

Throw the haggling customer out of your store.

Shut down your store.