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Define "Lowball"

canoecanoe

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The Hen that laid the Golden Legos
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What is a "Lowball" offer to you? 5% off? 10% off? 25% off? 50% off? Other?

Do you "Lowball"? What about when you want an item but think the price is inflated? Do you just move on or do you offer "Lowball" at what you think it is worth?
 
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