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Reptile [31]
4 years ago
8

what can you infer about the relationship between advertising and the price you pay for a product and/or service?

English
2 answers:
Alchen [17]4 years ago
6 0
Well, the more that's spent on advertising, the higher the price of the good in a lot of (if not most) cases. Think about Arizona Iced Tea, it's only $1.00 and yet very popular, that's because they don't rely on advertising, so they don't have to raise the price to compensate for the costs that would go into it otherwise. 

I hope that helped in some way at least.
Zigmanuir [339]4 years ago
5 0
Advertising will be effective if its production and placement must be based on a knowledge on a public and skill use of the media. Advertise are based on consumer's behavior and demographic analysis of a market area. Hope this helps!!
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