When the hurdle method is used to price a product across buyers,
A)only those buyers who want it can buy the product.
B)they can buy different versions of the product with more advanced versions costing more.
C)the seller prices the product based on the amount of difficulty faced in producing it.
D)only those who overcome the obstacle that the seller specifies will get a lower price.

Question

Quizplus · Accepted Answer

The hurdle method involves setting a condition or "hurdle" that buyers must overcome to qualify for a lower price. This does not necessarily relate to production difficulty or offering different versions of the product at different prices.

When the Hurdle Method Is Used to Price a Product