Information: The whole purpose of haggling is to purchase items at a lower prices by bargaining and trying not to spend all the money you brought.
Equation: Selling price – Buying price = Amount saved
Example: Maria has a $100. She sees a bag she likes at the swap meet. Maria converses with seller and asks how much the bag is. The seller, Valerie says $100. With only $100 in her wallet, Maria asks to purchase the bag for $75. Valerie declines the offer and says that the price is too low, she lowers the price to $90. Monica thinks that the price is still high especially since it’s a used bag, so she tries one more time to bargain and makes another offer of $80. After thinking it over, Valerie decides to sell the bag for $80. In the end Maria saved $20.
Non-example: Scott and his son, Max, were driving home one day and saw that there was a garage sale going on down the road from where they lived. They decided to go check it out to see if they would find some cool things to purchase. Once they arrived that the garage sale, a scooter caught Max’s eye and urged his father to buy it for him. The scooter was in mint condition and was never used. The seller, Sheryl, decided to sell it because one of her kids got it for Christmas, but didn’t want it. Max kept begging his father to purchase it. Scott asks Sheryl how much she was selling the scooter for and she tells him $60. Scott only has $60 in his wallet, so he bargains and makes an offer to purchase the item for $40. Sheryl declines the offer and states that she is not selling it for anything less than $60 because it is still brand new. Max continued to beg his father to get it for him. In the end, Scott gave in and purchased the scooter for $60. Max was so excited that he rode it from the garage door to where their car was parked on the street.
Objective: Given a haggling scenario, participants will identify how much the buyer saved.
Scenario:
Masapul ni Matthew ti gumatang ti uppat a dosena nga itlog. Napan isuna idiay tiangge ni Apo Masa. Tila intugotna a kuarta ket lima a gasot a peses.
Dialogue:
Matthew: Apo Masa, sagmamano kadi ti sangadosena nga itlog?
Apo Masa: Sangagasot ken bainte a pesos ti sangadosena, anakko.
Matthew: Mabalin kadi ti sangagasot lattan ti sangadosena ta mangalaak ti uppat a dosena?
Apo Masa: Ay, saan a mabalin anakko. No kayatmo ilakok kenka ti sangagasot ken dies a pesos.
Matthew: Ala man ngarud, Apo. Ikkannak ti uppat a dosena.
Apo Masa: Wen la. Agurayka ta innak alaen.
Matthew: Agyamanak la unay, Apo!
Apo Masa: Awan aniamanna, anakko. Agyamanak met kenka!
Embedded Question:
Begin section 3.1: Determining to haggle vs not to haggle >>
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