Question

According to the price equation, final price equals __________ minus incentives and allowances plus extra fees. salaries list price profits

Answer 1

list price

Step-by-step explanation:

-Salaries refer to the compensation people get from doing a job.

-List price is the price of a product that a company establish for consumers to buy it.

-Profits refer to the gain after the costs are the deducted from the earnings.

According to these definitions and considering that the sentence is talking about the final price the right answer is list price as when you deduct the incentives and allowances plus extra fees from this you get the final price.

Answer 2

In the three options below the statement, the correct answer that fills in the blank is the list price.  The list price fills the blank because without this, the price equation will not be complete and list price is necessary in filling up the equation in order to get the product.