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Hi There. Please assist in the question. Thank you! If the price elasticity of demand for a firm's product is -4 and the elasticity of
Hi There. Please assist in the question. Thank you!
If the price elasticity of demand for a firm's product is -4 and the elasticity of demand for the product with respect to spending on advertising is 0.8, the firm should spend what percentage of its revenue on advertising? C) 33% 0 200%
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