Which of the following statements is LEAST-Likely true?
A) List price is the price that the wholesale auto repair customer pays.
B) Service stations often buy TBA at very good discounts through the oil company whose products they sell.
C) Some items like oil, oil filters, and coolant, are priced by most establishments with little or no markup, because most customers are aware of their prices.
D) Jobbers are sometimes affiliated with cooperative groups.

Question

Quizplus · Accepted Answer

List price typically refers to the manufacturer's suggested retail price (MSRP) or the price before any discounts are applied, not the price that a wholesale customer pays. Wholesale customers usually pay a price that is lower than the list price due to volume discounts or special pricing agreements.

Which of the Following Statements Is LEAST-Likely True