what is the meaning of trade discount???
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A trade discount is the amount by which a manufacturer reduces the retail price of a product when it sells to a reseller, rather than to the end customer. ❤
For example, ABC International offers its resellers a trade discount. The retail price for a green widget is $2.❤
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A trade discount is the amount by which a manufacturer reduces the retail price of a product when it sells to a reseller, rather than to the end customer. ... For example, ABC International offers its resellers a trade discount. The retail price for a green widget is $2
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