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An increase in promotional budgets has: A. increasing returns over time B. diminishing up to about $15 million, then increasing returns over time C. level

An increase in promotional budgets has:

A. increasing returns over time

B. diminishing up to about $15 million, then increasing returns over time

C. level returns over time

D. diminishing returns become apparent at $2 million

E. returns to advertising expenditures follow a U-shaped function

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