In the hurdle method of price discrimination, a seller gives a lower price only to those who are price sensitive by choosing a discount pattern so that every fifth or 100th (or whatever chosen frequency) customer receives a discount. O identifying those who are price sensitive by the goods they buy and then discounting those goods only. O requiring price-sensitive buyers to do something extra to get a lower price. O identifying a characteristic of those who are price sensitive and giving that group discounts.

In the hurdle method of price discrimination, a seller gives a lower price only to those who are price sensitive by choosing a discount pattern so that every fifth or 100th (or whatever chosen frequency) customer receives a discount. O identifying those who are price sensitive by the goods they buy and then discounting those goods only. O requiring price-sensitive buyers to do something extra to get a lower price. O identifying a characteristic of those who are price sensitive and giving that group discounts.

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter18: Asymmetric Information

Section: Chapter Questions

Problem 18.6P

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