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The marketing manager of an online meal planning business spent $20,000 on Facebook Ads in November and generated a revenue of $500,000. in December, the

The marketing manager of an online meal planning business spent $20,000 on Facebook Ads in November and generated a revenue of $500,000. in December, the manager spent $30,000 and generated a revenue of $600,000. Calculate the advertising elasticity of demand.

A. 0.6

B. 0.5

C. 0.4

D. 0.3

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