A _____ is a price reduction offered to buyers buying in multiple units or above a specified dollar amount
a. tradediscount
b. cash discount
c. seasonal discount
d. quantity discount
ANSWER: d
A quantity discount is a price reduction offered to buyers buying in multiple units or above a specified dollar amount. The two types of quantity discounts are cumulative and noncumulative quantity discounts.
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Fill in the blank(s) with correct word