Question

Amazon purchases digital cameras from Cannon for $245.00. Amazon then sells the cameras for

$310.00. Based on this information, answer the following:
a) What is the list price of the digital camera?
b) Who pays that list price?

Answer 1

a) List price is $310

b) Amazon customers

Explanation:

The price that Amazon pays the manufacturer is a "wholesale" price. The price that Amazon charges its cusomers is the list price.