In 2020 the major television brands in Canada recorded the following prices of their televisions and market shares as: Samsung sold their TV for $900 with a Market Share of 30%, LG's TV sold for $800 with a Market Share of 25% and Hisense sold their TV at $700 with a Market Share of 20%. With the price of $1,000 per TV sold by Sony and with a Market Share of 25%, how much is the Price Premium Percentage charged by Sony?

Answer rating: 100% (QA)

To calculate the price premium percentage charged by Sony we need to compare the price of So... View the full answer