Insta-Mark Inc

Multiple Choice

Insta-Mark Inc. makes custom-imprinted three-ring binders for business customers. Its prices are: $4.00 per binder for a single order of up to 50 binders; $3.50 per binder for a single order of 51 to 100 binders; and $3.00 per binder for a single order over 100 binders. Insta-Mark is using a:

A) Seasonal discount.
B) Cash discount.
C) Cumulative quantity discount.
D) Noncumulative quantity discount.
E) Basic list price.