quantity discount

Show Summary Details

Quick Reference

A price reduction available only to purchasers of at least some minimum quantity. Such reductions may be publicly advertised, or available by negotiation. Quantity discounts may be due to lower costs made possible by economies of scale in supplying larger orders, to the monopsonistic advantage possessed by large-scale buyers, or to second-degree price discrimination.

Subjects: Economics — Marketing.

Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.