Manufacturer's suggested retail price: Difference between revisions
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[[ | <onlyinclude>'''MSRP''' stands for "manufacturer's suggested retail price". This [[price]] is a suggestion of how much the manufacturer thinks that a certain product, such as a [[vehicle|car]] or a [[cell phone]], is worth.</onlyinclude> The actual retailer may raise or lower the price depending on what they think a [[demand|customer will pay]]. | ||
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Revision as of 23:35, 15 April 2018
MSRP stands for "manufacturer's suggested retail price". This price is a suggestion of how much the manufacturer thinks that a certain product, such as a car or a cell phone, is worth. The actual retailer may raise or lower the price depending on what they think a customer will pay.