A volume discount is a reduced rate
A) for preferred customers
B) only available to large companies
C) based on the dollar amount purchased
D) for extended buys, such as 12 weeks or more
E) provided to those who pay cash

Question

Quizplus · Accepted Answer

A volume discount is typically based on the dollar amount purchased. The more a customer buys, the larger the discount they receive. However, certain industries may have different ways of offering volume discounts, such as extended buys (D) or cash payments (E). The discount may also be available to all customers, not just preferred ones (A), and not necessarily limited to large companies (B). Therefore, C is the best choice as it applies to most businesses and products.

A Volume Discount Is a Reduced Rate