The retail selling price of print media is called:
(A) Retail Price
(B) Subscription
(C) Hawker Price
(D) Cover Price
Correct Ans: (D)
Explanation:-
The Cover Price refers to the retail selling price printed on the cover of newspapers, magazines, or other print media. Publishers set this price to inform readers of the amount they need to pay to purchase the publication. Vendors, hawkers, and retail outlets use this price as the standard selling price for the end consumer. Unlike subscription rates, which involve long-term commitments or discounts, the cover price applies to single-copy purchases. This price ensures transparency for buyers and simplifies transactions, as it is visible and consistent across all sales points.
