how does advertising affect price elasticity

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04-04-2021
Business

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how does advertising affect price elasticity

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If 52 x equals 7800 y what does 1 x equal? What is the maths equation?

LittleAngel36 LittleAngel36 · Answer 1 · 2021-04-05T01:18:19+02:00

LittleAngel36 LittleAngel36

05-04-2021

If advertising draws more price sensitive consumers into the set that are willing to pay for a particular brand, this will increase the price elasticity of demand facing the brand.

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how does advertising affect price elasticity​

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how does advertising affect price elasticity