According to the price equation, to find the actual price, you should do which two of the following to the list price?

Multiple select question.

subtract incentives and allowances

add extra fees

add incentives and allowances

subtract extra fees

1 answer

According to the price equation, to find the actual price, you should:

  • subtract incentives and allowances
  • add extra fees

This means you start with the list price, subtract any incentives or allowances (which reduce the cost), and then add any extra fees (which increase the cost) to arrive at the actual price.