the promotion of elasticity demand is usually
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It is calculated by dividing the percentage change in the quantity demanded by the percentage change in advertising expenditures. A positive advertising elasticity indicates that an increase in advertising leads to a rise in demand for the advertised good or services
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Answer:
It is calculated by dividing the percentage change in the quantity demanded by the percentage change in advertising expenditures. A positive advertising elasticity indicates that an increase in advertising leads to a rise in demand for the advertised good or services
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