--%>

Illustrates the term Advertisement Elasticity of Demand

Illustrates the term Advertisement Elasticity of Demand?

E

Expert

Verified

Advertisement Elasticity of Demand:

It is termed as Promotional elasticity of demand, which measures the responsiveness of demand because of a change in advertisement and other promotional expenses. It can be measured by the given formula as given below:

Advertisement Elasticity =

Proportionate raise in Sale/Proportionate raise in Advertisement expenditure.

   Related Questions in Managerial Economics

  • Q : What are the levels of Demand

    What are the levels of Demand forecasting?

  • Q : Explain the steps for demand estimation

    Explain the steps for demand estimation.

  • Q : States the term Production States the

    States the term Production?

  • Q : Determine perfectly competitive firm

    When total variable cost exceeds total revenue whatever output levels but a perfectly competitive firm: w) must produce in the short run. x) is making short-run profits. y) must shut down in the short run. z) has shel

  • Q : Illustrates the characteristics of

    Illustrates the characteristics of Oligopoly?

  • Q : Allocative and technical efficiency in

    Economy-extensive efficiency needs both allocative and technical efficiency within production and: (w) equity within the distribution of national income. (x) biological efficiency, in that people's basic desires should be met. (y) pol

  • Q : Statements about Human Capital Which of

    Which of the given statements is not CORRECT: (w) Acquiring productive skills is known as investment in human capital. (x) General training increases a worker’s marginal productivity equally for many firms. (y) Specific training increases the productivity of the

  • Q : Illustrates the environmental or

    Illustrates the environmental or external issues.

  • Q : Attributable worth cultivating The

    The theory which the economic rent on agricultural land depends upon how much extra production is gained relative to the production which could be realized on land not rather worth cultivating is attributable to: (1) Johann H. von Thünen. (2) Ada

  • Q : Screening job hiring decisions The

    The concept that employers artificially utilize formal training and education while screening job applicants to make hiring decisions is termed as: (w) nepotism. (x) formalism. (y) human capital discrimination. (z) credentialism.

    Discover Q & A

    Leading Solution Library
    Avail More Than 1425717 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads
    No hassle, Instant Access
    Start Discovering

    18,76,764

    1947732
    Asked

    3,689

    Active Tutors

    1425717

    Questions
    Answered

    Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

    Submit Assignment

    ©TutorsGlobe All rights reserved 2022-2023.