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Summarize each of the four inequalities currently facing families.
Noncumulative Quantity Discounts
Price reductions given for a single purchase order rather than over a period of time, based on the quantity of goods purchased.
Noncumulative Quantity Discounts
Discounts that apply to a single order rather than the total volume of orders over a certain period, encouraging large individual purchases.
Cumulative Quantity Discounts
A pricing strategy where the price per unit decreases as the total quantity purchased over time increases.
Seasonal Discounts
Price reductions offered during specific times of the year to stimulate sales during slow periods.
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