What is the advertising elasticity for brand


P&G doubled advertising for one of their brands and realized a sales increase from $2,000,000 to $2,500,000 in that period of time. What is the advertising elasticity for that brand? Show your work.

a) 0.025

b) 0.25

c) 2.5

d) 25

e) 250

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Business Management: What is the advertising elasticity for brand
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