The manufacturer's suggested list price
A) is used as the ordinary price when calculating the percentage discount during a sale.
B) allows the retailer adequate profit margins.
C) is the regular selling price for the product.
D) sets the lower limit for the retail price.
E) sets the upper limit for the retail price.

Question

Quizplus · Accepted Answer

The manufacturer's suggested list price is intended to provide retailers with a guideline that allows for adequate profit margins when selling the product.

The Manufacturer's Suggested List Price