The buyers bargain for the seller's stock market ticket device. The buyers create an anchor by starting the bid at $20,000. The negotiation takes place, and both parties settle for a price of $40,000. After the negotiation, the buyers indicate that they were willing to pay as much as $60,000 for the invention. The seller then states that he was prepared to sell the invention for a mere $2,000.
Meemaw talks to Georgie and Missy about haggling at the garage sale. She explains what it is and how to do it. She then explains some factors that go into it and essentially haggles the kids into helping her at the garage sale for free.