Discounting a product when the product does not sell at the original price is referred to as
A) an inverse markup.
B) a markdown.
C) price sensitivity.
D) concession pricing.
E) a rebate.

Name: Discounting a product when the product does not sell at the original price is referred to as A) an inverse markup. B) a markdown. C) price sensitivity. D) concession pricing. E) a rebate.
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Question

Quizplus · Accepted Answer

Discounting a product when the product does not sell at the original price is referred to as a markdown.

Discounting a Product When the Product Does Not Sell at the Original