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Phrenal is selling a used laptop in an online auction. Phrenal has estimated the value of the laptop to be $100, but has seen other laptops of similar type and quality sell for both more and less than that amount. Phrenal hopes that the laptop will sell for $100 or more, but is prepared to take less for it if nobody bids that amount. This is an example of ___________. (D1, L1.2.2)
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