If a firm uses introductory pricing, it is likely ________ short run profit and ________ long run profit.

Name: If a firm uses introductory pricing, it is likely ________ short run profit and ________ long run profit.
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Question

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Introductory pricing often involves setting lower prices initially to attract customers, which may reduce short-term profits. However, it can lead to increased market share and customer loyalty, potentially maximizing long-term profits.

If a Firm Uses Introductory Pricing, It Is Likely ________