Florida hotels discount the cost of their hotel rooms during the hot summer months. On the other hand, during the winter months, the price of these rooms increases. This is an example of what type of discounts?

Question

Quizplus · Accepted Answer

The discount offered by Florida hotels is a seasonal discount since it varies depending on the time of year. Trade allowance refers to a discount offered to a reseller, while quantity discounts are based on the amount purchased. Promotional allowances are given to stimulate sales, and functional discounts are based on the function performed by the customer (such as paying cash instead of credit). None of these apply to the situation given in the question.

Florida Hotels Discount the Cost of Their Hotel Rooms During