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Oksanka [162]
3 years ago
11

You are in charge of advertising for a golf course in the southwest. the owner of the course is convinced that once-a-week adver

tising in the local newspaper will be the most effective method. you feel obligated to warn him that newspaper advertising:
Business
1 answer:
MArishka [77]3 years ago
5 0

With the given scenario above, the individual is obliged to warn the owner about the newspaper advertising and the best advice to give to the owner is that the newspaper advertising has a limited or short life span and the conclusion for this was because how people use newspapers in a matter of having to read and get rid of it after they used it.

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Which of the following statements is true?
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The correct answer is option c.

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These firms are interdependent such that the economic decisions of a firm affect its rivals. So each firm has to consider the reaction of its rivals before making decisions.

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Following is attached the solution or the question given.

I hope it will help you a lot!

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If the price elasticity of demand for a product is 2. 5, then a price cut from $2. 00 to $1. 60 will:_______
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Increase the quantity demanded by about 25 percent.

<h3>What is the short definition of price elasticity?</h3>
  • Price elasticity in business and economics refers to how much people, consumers, or producers alter their demand or the quantity supplied in reaction to changes in price or income.
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<h3>What are some examples of price elasticity of demand?</h3>
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learn  more about price elasticity of demand here

<u>brainly.com/question/5078326</u>

#SPJ4

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2 years ago
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