Multiple Choice
A firm that manufactures TVs sells them at prices of $750, $1,000, and $1,250. The manufacturer will return $75, $100, or $125 by mail to those who purchase its brand of TV. What is this reduction in price an example of?
A) promotion allowance
B) trade-in
C) rebate
D) quantity discount
Correct Answer:
Verified
Correct Answer:
Verified
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