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Initially, spending more and more money on advertising is beneficial, but after a certain point, the additional value gained from an extra spending will be
Initially, spending more and more money on advertising is beneficial, but after a certain point, the additional value gained from an extra spending will be very small'. Which of the following best describes this phenomenon in a marketing mix model? Reciprocal transformation Synergistic effect of advertising Average returns to advertising S-shape functional form Diminishing returns
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