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Which of the Following Is True of a Trade-In Allowance

Question 36

Multiple Choice

Which of the following is true of a trade-in allowance?


A) It is a price reduction to stimulate sales of newly introduced products.
B) It allows managers to reduce the effective price without reducing the list price.
C) It forces managers to reduce the list price.
D) It is used to save old products from being removed from the market.

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