Manufacturer's suggested retail price: Difference between revisions

No edit summary
m 1 revision imported
 
(No difference)

Latest revision as of 18:17, 11 May 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.