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Orlov [11]
3 years ago
10

Manufacturer does marketing research and estimates that consumers will accept a price of $50 for a jacket. if the manufacturer e

xpects to offer trade discounts of 40/10 to retailers and wholesalers, what price will the manufacturer receive for the jacket?
Business
1 answer:
worty [1.4K]3 years ago
7 0

Trade discounts are offered to customers with high volume orders in a specified date of payment. In the problem given, the estimated price of the jacket is $50 but with 40% discount within 10 days of purchase. 

Therefore, $50 * 40% = 20. The manufacturer will receive $30 which is the price less discount.

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