It Is March and Ozzie Wants to Purchase Harriet's Season

Multiple Choice

It is March and Ozzie wants to purchase Harriet's season tickets to Boston Red Sox games. Ozzie is willing to pay up to $4,000 for the tickets. Harriet will accept no less than $3,000. Suppose that any failure to reach an agreement reduces Ozzie's and Harriet's gain by 20 percent. If there is no limit to the number of bargaining rounds, how much should Ozzie offer Harriet?

A) An amount between $3,510 and $3,520
B) An amount between $3,440 and $3,450
C) An amount between $3,470 and $3,480
D) An amount between $3,550 and $3,560
E) An amount between $3,570 and $3,580