Use questions 16- 27 use the following setup

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.

This sequential game illustrates a

a. Third mover advantage

b. Second mover advantage

c. First mover advantage

d. No advantage based on moves