أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
Thank you for inviting me to answer your question.
Sorry I don't have answer.
I am sorry, I have not experience in this field. I would love to gain knowledge from experts.
Thanks for invitation,
Agree with the answer of Mr. Gulraiz Malik
From sellers point of view this is minimum acceptable price and from buyers point of view this maximum acceptable price.
Thanks
I am sorry, I have not experience in this field.
Regards
The reservation price is the least favourable point at which one will accept a negotiated agreement
Reservation (or reserve) price is a term referring to a limit on the price of a good or a service. On the demand side, it is the highest price that a buyer is willing to pay; on the supply side, it is the lowest price at which a seller is willing to sell a good or service.
It is the lower/mini price for the seller and highest/max price for the buying..