Asked by
Jared Nutter
on Dec 15, 2024
Verified
Your local instant photocopying service charges 10 cents a copy up to 25 copies, 9 cents a copy for 26 to 99 copies, and 8 cents a copy for 100 copies or more. What kind of adjustment to its list or quoted price of 10 cents per copy is the photocopying service using?
A) experience-curve pricing
B) loss-leader pricing
C) a quantity discount
D) a promotional discount
E) everyday low pricing
Quantity Discount
A reduction in price offered by sellers to buyers who purchase large volumes, aimed at incentivizing bulk orders.
Everyday Low Pricing
A pricing strategy where companies consistently offer products at a low price rather than relying on sales or discounts.
- Distinguish between different varieties of discounts, including quantity, seasonal, trade, and cash discounts, and understand their respective roles.
Verified Answer
LG
Learning Objectives
- Distinguish between different varieties of discounts, including quantity, seasonal, trade, and cash discounts, and understand their respective roles.