Mike Morgan, a sales representative for a major distributor of Kodak film, wanted to encourage repeat purchases by his customers. In order to accomplish this objective, Morgan offered the following discount to his customers:
10-50 cases of film over the next 12 months - a 10 percent discount,
51-100 cases of film over the next 12 months - a 12 percent discount,
101-200 cases of film over the next 12 months - a 15 percent discount.
What type of discount was Morgan offering his customers?
A.
a seasonal discount
B.
a quantity discount
C.
a noncumulative cheque discount
D.
a trade discount
Answer: B