When a product's price decreases because of discounting by retailers rather than a change to the manufacturer's list price, this discounted price is usually referred to as the ____ price.

Question

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The term "street price" is commonly used in the retail industry to describe the price that a product is sold for after discounts have been applied by retailers. It is also sometimes referred to as the "sale price."

When a Product's Price Decreases Because of Discounting by Retailers