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TVLand sells home entertainment systems and also offers a complementary installation service. The same service is offered by other vendors for $50 on average, and TVLand typically charges approximately 40% more than other vendors for similar services on a stand-alone basis. Using the adjusted market assessment approach, the stand-alone selling price of the installation service is:

User Dien
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4 votes

Answer:

$70

Step-by-step explanation:

Calculation to determine what the stand-alone selling price of the installation service is:

Stand-alone selling price= $50 + (40%*$50)

Stand-alone selling price=$50+$20

Stand-alone selling price= $70

Therefore the stand-alone selling price of the installation service is:$70

User Arturo Mendes
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