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 a member of "Red Sox Nation" and can hardly wait to get his hands on Harriet's season tickets. Ozzie is willing to pay up to $4,000. Failure to come to an agreement will reduce Ozzie's gain by 80 percent. Although Harriet likes baseball, she would rather go to the movies. The season tickets were a gift from here good-for-nothing son-in-law. Be that as it may, the minimum amount that Harriet will accept for the tickets is $3,000. Failure to come to an agreement will reduce Harriet's gain by 5 percent. If there is no limit on the number of bargaining rounds, what percentage of the bargaining surplus should Harriet receive?

A) Around 88 percent.
B) Around 90 percent.
C) Around 92 percent.
D) Around 94 percent.
E) Around 99 percent.