6.5k views
5 votes
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?

User Peakit
by
4.2k points

1 Answer

3 votes

Answer:

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.

User Tom Bunting
by
4.3k points