According to the price equation,final price equals __________ minus incentives and allowances plus extra fees.
A) salaries
B) the list price
C) profits
D) trade-ins
E) taxes

Question

Quizplus · Accepted Answer

The price equation states that the final price is equal to the list price minus any incentives and allowances plus any extra fees. Therefore, the best choice is B, the list price. Salaries, profits, trade-ins, and taxes are not directly related to the price equation.

According to the Price Equation,final Price Equals __________ Minus Incentives