Discounts refer to reductions from the __________ that a seller gives a buyer as a reward for some activity of the buyer that is favorable to the seller.
A)pretax price
B)list price
C)manufacturer's retail price
D)manufacturer's cost
E)seller's cost

Question

Quizplus · Accepted Answer

Discounts are reductions from the list price, which is the price at which the product is offered for sale to the public. The other options listed do not involve the list price directly, as they either pertain to the manufacturer's cost or the seller's cost.

Discounts Refer to Reductions from the __________ That a Seller