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.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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