A sales person sets a starting price of a new car that the buyer thinks is slightly too high. What type of price might the buyer counter with?

A.
A firm price

B.
A bid price

C.
An offer price

D.
A lowball price

C. An offer price

C. An offer price

To determine the type of price the buyer might counter with, we need to understand the options provided:

A. A firm price: A firm price refers to a specific and fixed price that is not open to negotiation.

B. A bid price: A bid price is the price quoted by a buyer/seller in a competitive bidding process.

C. An offer price: An offer price is a potential price suggested by the buyer as an alternative to the original price proposed by the salesperson. It is usually lower than the starting price but open to further negotiation.

D. A lowball price: A lowball price is an extremely low offer that is significantly below the market value, often used to test the seller's willingness to bargain or to take advantage of the seller's urgency to sell.

Given that the buyer perceives the starting price as slightly too high, the type of price the buyer might counter with is C. An offer price. This allows the buyer to propose a lower price while still leaving room for negotiation and potential agreement with the seller.