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5. Individual Problems 23-5 Suppose that home gardeners and farmers both use the same herbicide. Home gardeners are willing to pay $6 for a one-liter
5. Individual Problems 23-5
Suppose that home gardeners and farmers both use the same herbicide. Home gardeners are willing to pay $6 for a one-liter spray bottle ($6 per liter), whereas farmers are willing to pay $1,600 for a 200-liter barrel ($8 per liter).
In order to price-discriminate, the manufacturer should vertically integrate into____ (Farming Retailers OR Home gardening Retailers) .
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