A trade discount is the price producers set to draw the public's attention to new products.

Name: A trade discount is the price producers set to draw the public's attention to new products.
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Question

Quizplus · Accepted Answer

A trade discount is a reduction in the price of goods or services offered by a manufacturer or wholesaler to a retailer, who in turn passes on the savings to the end customer. It is not specifically used to draw the public's attention to new products.

A Trade Discount Is the Price Producers Set to Draw