What is the significance of the S-shape of the sales response function in Figure 221? Fig 22-1

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What is the significance of the S-shape of the sales response function in Figure 22–1?

Fig 22-1

Annual sales revenue ($ in millions) $80 - 70 60- 50 40- - - 30 20- - 10- - 0 | 1 $20 million $3 million 1 2

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Marketing

ISBN: 9781264218752

16th Edition

Authors: Roger Kerin, Steven Hartley, William Rudelius

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