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A firm that uses multi-period pricing to increase profits is likely to: a)be using a type of price discrimination, where new consumers have less…

A firm that uses multi-period pricing to increase profits is likely to:

a)be using a type of price discrimination, where new consumers have less elastic demand for the product than existing consumers.

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b)have low marginal costs.

c)have consumers that face large switching costs.

d)have consumers with heterogeneous demand for the product.

 

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