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Term of the Day
quantity discount
quantity demanded
quantity purchase
Definition
If a
consumer
purchases
a large
amount
of
products
from a
company
, the company will
offer
a
lower
price
to
retain
future
business
from the consumer.
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Popular 'Accounting' Terms
current ratio
equity
working capital
asset
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revenue
net income
negotiable
net profit
net worth
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