How does advertising affect price elasticity

Question

asked Nov 8, 2022 146k views

1 Answer

Hackaholic · Answer 1 · 2022-11-12T02:24:59+0000

If advertising draws more price sensitive consumers into the set that are willing to pay for a particular brand, this will increase the price elasticity of demand facing the brand.

How does advertising affect price elasticity

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

Please log in or register to add a comment.

No related questions found

Categories

Other Questions

How does advertising affect price elasticity ​

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

Please log in or register to add a comment.

No related questions found

Categories

Other Questions

How does advertising affect price elasticity