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.

b)have low marginal costs.

c)have consumers that face large switching costs.

d)have consumers with heterogeneous demand for the product.