A retailer dealing in air conditioners has to sell a certain number of air conditioners in a year.If the retailer does so, the manufacturer offers him a discount on every air conditioner bought by the retailer during that year.The discount is in the form of a rebate cheque.This is an example of a(n):

Question

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Cumulative quantity discount is offered when the buyer purchases a certain number of units over a period of time. In this case, the retailer has to sell a certain number of air conditioners in a year to qualify for the discount.

A Retailer Dealing in Air Conditioners Has to Sell a Certain