Assume that the three beachfront parcels are sold to the people that you indicated in the previous section. Suppose that a few days after the last of those beachfront parcels is sold, another essentially identical beachfront parcel becomes available for sale at a minimum price of $560,000. This fourth parcel__1__ be sold because __2__ will purchase it from the seller for at least the minimum price. 1) A. WillB. Will not2) A. No oneB. Ravi ($690,000) C. Maria ($720,000) D. Simone ($680,000)
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