Chapter 9 Flashcards

0
Q

Elasticity

A

Is a measure of how responsive the demand for a brand is to changes in marketing variables such as price and advertising

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
1
Q

Advertising

A

Is a measure of how responsive the demand for a brand is to changes in market in variables such as price and advertising

How well did you know this?
1
Not at all
2
3
4
5
Perfectly