Asked by Osbert

In attempt to increase revenue and profits, a firm
is considering a 4 percent increase in price and an
11 percent increase in advertising. If the price
elasticity of demand is -1.5 and the advertising
elasticity of demand is +0.6 would you expect an
increase or decrease in ...
Answered by Ms. Sue
Please note the difference between a School and a School SUBJECT.
Answered by Faith
Decrease
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