When you are a seller who offers lower prices only to people who are willing to overcome some obstacle to get the lower price, you are using _____ to get consumers to reveal their reservation price.

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The hurdle method is a pricing strategy in which the seller offers lower prices to consumers who are willing to overcome some obstacle, such as filling out a survey or waiting in line. The purpose of this strategy is to get consumers to reveal their reservation price - the maximum price they are willing to pay for a product or service. By requiring consumers to overcome an obstacle, the seller can infer that their reservation price is lower than it would be if the obstacle were not present. This allows the seller to price their product or service accordingly, maximizing their profit while still offering a discount to some consumers.

When You Are a Seller Who Offers Lower Prices Only