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nakungth nakungth
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Posts: 1175
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6 years ago
The authors note that advertising can make the consumer demand for a product more elastic (price responsive) by expanding the potential range of consumers.  As this change in demand occurs (ceteris paribus), what happens to the optimal advertising-sales ratio?
A) Increases
B) Decreases
C) Remains the same
D) We do not have enough information to answer this question
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
Read 61 times
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Bart_argBart_arg
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6 years ago
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nakungth Author
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6 years ago
A+ answer, ty
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