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A music download costs $1.00 for one song. $1.00 is an example of _____ .

an accounting cost
a retail price
a sales tax

User Dreamer
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A music download costs $1.00 for one song. $1.00 is an example of RETAIL PRICE.

The retail price is the money that the consumer must pay to buy a product. In everyday language, one speaks simply of price.

The retail price includes the production costs, the taxes that the seller must pay, and the surplus value left to the seller as a result of the sale.

User Vilanovi
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