Question

Discounts allow for quick price changes without modifying list prices. True False

Discounts allow for quick price changes without modifying list prices.

True
False
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Answer #1

Answer: False

Explanation: List prices are the prices final customers are normally asked to pay for the products and discounts are the reductions from the list price given by the seller to the buyer who either give up some marketing function or provide the function themselves. Hence discounts modify the list prices while allowing for quick price changes and the given statement is false.

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