Question: William owns a car that he values at ( $ 3 0 0 0 ) . Jackson values the car at
William owns a car that he values at $ Jackson values the car at $ The negotiations between them for a potential trade are as follows: William offers a price to Jackson. If Jackson accepts, trade takes place at that price. If Jackson rejects, William keeps the car and Jackson buys a similar car which he values the same as William's car from James for the price of $ What will the outcome be of the negotiation process? William suggests Jackson pay $ and Jackson accepts the deal. William suggests Jackson pay $ and Jackson accepts the deal. William suggests Jackson pay $ and Jackson accepts the deal. William suggests Jackson pay $ and Jackson accepts the deal. William suggests Jackson pay $ and Jackson rejects the deal.
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