asked 128k views
3 votes
Price-break models deal with discrete or step changes in price as order size changes rather than a per-unit change. True/False

asked
User Arutha
by
8.4k points

1 Answer

0 votes
True.

Price-break models indeed deal with discrete or step changes in price as the order size (quantity purchased) changes. Instead of a continuous per-unit change in price, these models often involve predefined quantity ranges or thresholds where the price per unit may change. Customers pay different prices depending on the quantity of items they purchase within these specified ranges. This approach is commonly used in pricing strategies for bulk purchasing or quantity discounts.
answered
User Yash Choksi
by
7.9k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.