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Which of the following represents a reduction in the listed price of a product or service?

A) Sales discounts
B) Sales returns
C) Trade discounts
D) Sales allowances

User Horas
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1 Answer

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Final answer:

A reduction in the price of a product or service is known as a sales discount. It is a pricing strategy that encourages purchase by lowering the sale price at the point of purchase. A rise in the supply of money in financial markets is what usually causes a decrease in interest rates. The option (A) is correct.

Step-by-step explanation:

A reduction in the listed price of a product or service is best represented by sales discounts. This is commonly used in pricing strategies to incentivize customers to make a purchase. Unlike sales returns or allowances, which are often employed after the sale transaction has been made due to an issue with the product or service, a sales discount is applied directly at the point of sale, effectively decreasing the purchasing price.

When it comes to influencing market interest rates, a rise in the supply of money typically leads to a decline in interest rates. Conversely, trade barriers like tariffs and subsidies affect industries by shifting supply curves and potentially leading to price changes in markets. Therefore, option (A) is correct.

User JasonTS
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