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Management · Q330

Managerial Economics

Graduate and Post Graduate · Management · question 330

Q330

Calculate the advertising elasticity of sales if 'A' denotes advertising expenditure and 'S' denotes sales S1 = Rs. 40,000 A1 = Rs. 200 S1 = Rs. 50,000 A1 = Rs. 190

A.
1
B.
5
Answer
C.
2.5
D.
3

Answer: Option B

Solution

Answer: Option B
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