Question

Your local instant photocopying service charges 10 cents a copy up to 25 copies, 9 cents a copy for 26 to 99 copies, and 8 cents a copy for 100 copies or more. What kind of adjustment to its list or quoted price of 10 cents per copy is the photocopying service using?

Answer 1

Answer:

A quantity discount

Explanation:

A quantity discount is an incentive given to customers where the final price of a product or service decreases per unit as the quantity purchased increases. It offers a similar incentive like buying in bulk, where the price of each unit decreases but the total price paid increases.

For example, a large supermarket offers a promotion where you buy 4 packs, but only pay 3.