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.

Question

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Discounts are reductions from the list price that a seller gives a buyer as a reward for some activity of the buyer that is favorable to the seller. The list price is the original price that the seller sets for the product or service. Therefore, the best choice is B) list price.

Discounts Refer to Reductions from the __________ That a Seller