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 respectively,by mail,to those who purchase its brand of TV.This reduction in price is an example of a:
A) promotion allowance.
B) trade-in.
C) rebate.
D) quantity discount.
Correct Answer:
Verified
Correct Answer:
Verified
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