A(n) ________ is a straight reduction in price on purchases during a stated period of time or of larger quantities.
A) allowance
B) free sample
C) discount
D) tax credit
E) quota

Question

Quizplus · Accepted Answer

A discount is a reduction in price for purchases during a specific period of time or on larger quantities. This is a common sales promotion tool used by businesses to incentivize customers to make purchases. An allowance is a deduction from the list price for a defective or damaged product. A free sample is a small amount of a product given to customers to try before making a purchase. A tax credit is a reduction in the amount of taxes owed by an individual or business. A quota is a specific amount or limit of goods that can be imported or exported.

A(n) ________ Is a Straight Reduction in Price on Purchases