Question

Which of the following refers to a discount to the retailer or wholesaler based on the volume of product ordered?

A) Quantity discount.
B) Cash discount.
C) Seasonal discount.
D) Trade allowance.

Answer 1

A quantity discount refers to a discount offered to a retailer or wholesaler based on the volume of product ordered.

Step-by-step explanation:

The correct answer is A) Quantity discount.

A quantity discount refers to a discount offered to a retailer or wholesaler based on the volume of product ordered. This means that the more products a retailer or wholesaler orders, the higher the discount they receive.

For example, if a retailer purchases 100 units of a product instead of 50 units, they may receive a 10% discount on the total price.