Question: 5 . Individual Problems 2 3 - 5 Suppose that home gardeners and farmers both use the same herbicide. Home gardeners are willing to pay
Individual Problems
Suppose that home gardeners and farmers both use the same herbicide. Home gardeners are willing to pay $ for a oneliter spray bottle $ per liter whereas farmers are willing to pay $ for a liter barrel $ per liter
In order to pricediscriminate, the manufacturer should vertically integrate intofarm retailers
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