Question
Sales= 1,832.46- 33.774(price) +13.61(advertising) -14.73(interest) If, at current prices and interest rates, each additional sales dollar contributes $0.18 to profit before advertising and taxes, should
Sales= 1,832.46- 33.774(price) +13.61(advertising) -14.73(interest)
If, at current prices and interest rates, each additional sales dollar contributes $0.18 to profit before advertising and taxes, should the firm continue to advertise? Why or why not?
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The Socionomic Theory Of Finance
Authors: Robert R. Prechter
1st Edition
0977611256, 978-0977611256
