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The price elasticity of demand for a firm's product is -3.If the firm's advertising elasticity of demand is 1.5, the profit-maximizing advertising-to-sales ratio is: -4.5.

The price elasticity of demand for a firm's product is -3.If the firm's advertising elasticity of demand is 1.5, the profit-maximizing advertising-to-sales ratio is:

-4.5.

0.25.

-1.5.

0.5.

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