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Step 4 - E L A S T I C brands? (not bands!) As we saw above, the strength of the brand will affect the

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Step 4 - E L A S T I C brands? (not bands!) As we saw above, the strength of the brand will affect the elasticity. The stronger the brand, the more likely people are to buy it whatever the price. Draw a new demand curve on the diagram below to show the effect of a major advertising campaign that strengthens the brand: Price (E) Demand Quantity

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