What makes up a product's market price?
A) It is the same as the product's list price.
B) It is the list price less any allowances and discounts that may be involved in the purchase.
C) It is the list price less any discounts and allowances plus geographic considerations.
D) It is the price that consumers pay using a credit card.

Question

Quizplus · Accepted Answer

The market price of a product is typically the list price minus any discounts and allowances, plus any geographic considerations that may affect the final price.

What Makes Up a Product's Market Price