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Ford Raptor Bronco Forum - General Information
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<blockquote data-quote="59panhead" data-source="post: 2140" data-attributes="member: 133"><p>From Wikipedia, the free encyclopedia</p><p></p><table style='width: 100%'><tr><td>[ATTACH=full]866[/ATTACH]</td><td>The <strong>list price</strong>, also known as the <strong>manufacturer's suggested retail price</strong> (<strong>MSRP</strong>), or the <strong>recommended retail price</strong> (<strong>RRP</strong>), or the <strong>suggested retail price</strong> (<strong>SRP</strong>) of a <a href="https://en.wikipedia.org/wiki/Product_(business)" target="_blank">product</a> is the <a href="https://en.wikipedia.org/wiki/Price" target="_blank">price</a> at which its <a href="https://en.wikipedia.org/wiki/Manufacturer" target="_blank">manufacturer</a> notionally recommends that a retailer sell the product.</td></tr></table><p>Suggested pricing methods may conflict with <a href="https://en.wikipedia.org/wiki/Perfect_competition" target="_blank">competition theory</a>, as they allow prices to be set higher than would be established by supply and demand. <a href="https://en.wikipedia.org/wiki/Resale_price_maintenance" target="_blank">Resale price maintenance</a>—fixing prices—goes further than suggesting prices, and is illegal in many countries.</p><p>Retailers may charge less than the suggested retail price, depending upon the actual <a href="https://en.wikipedia.org/wiki/Wholesale" target="_blank">wholesale</a> cost of each item, usually purchased in bulk from the manufacturer, or in smaller quantities through a <a href="https://en.wikipedia.org/wiki/Distribution_(business)" target="_blank">distributor</a>. The suggested price is sometimes unrealistically high, so the seller can appear to be offering a discount.</p><p>List price often cannot be compared directly internationally as products may differ in detail, sometimes due to different regulations, and list prices may or may not include taxes.</p></blockquote><p></p>
[QUOTE="59panhead, post: 2140, member: 133"] From Wikipedia, the free encyclopedia [TABLE] [TR] [TD][ATTACH=full]866[/ATTACH][/TD] [TD]The [B]list price[/B], also known as the [B]manufacturer's suggested retail price[/B] ([B]MSRP[/B]), or the [B]recommended retail price[/B] ([B]RRP[/B]), or the [B]suggested retail price[/B] ([B]SRP[/B]) of a [URL='https://en.wikipedia.org/wiki/Product_(business)']product[/URL] is the [URL='https://en.wikipedia.org/wiki/Price']price[/URL] at which its [URL='https://en.wikipedia.org/wiki/Manufacturer']manufacturer[/URL] notionally recommends that a retailer sell the product.[/TD] [/TR] [/TABLE] Suggested pricing methods may conflict with [URL='https://en.wikipedia.org/wiki/Perfect_competition']competition theory[/URL], as they allow prices to be set higher than would be established by supply and demand. [URL='https://en.wikipedia.org/wiki/Resale_price_maintenance']Resale price maintenance[/URL]—fixing prices—goes further than suggesting prices, and is illegal in many countries. Retailers may charge less than the suggested retail price, depending upon the actual [URL='https://en.wikipedia.org/wiki/Wholesale']wholesale[/URL] cost of each item, usually purchased in bulk from the manufacturer, or in smaller quantities through a [URL='https://en.wikipedia.org/wiki/Distribution_(business)']distributor[/URL]. The suggested price is sometimes unrealistically high, so the seller can appear to be offering a discount. List price often cannot be compared directly internationally as products may differ in detail, sometimes due to different regulations, and list prices may or may not include taxes. [/QUOTE]
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