Please no written by hand and no emage How might advertising reduce economic well-being? How might it increase economic well-being? Provide examples.
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How might advertising reduce economic well-being? How might it increase economic well-being? Provide examples.
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- How might advertising reduce economic well--being?How might advertising: increase economic weU·being?As you review the Facebook site, you note that packagingfor your company’s bread uses the words “heart-healthy.”Would you bring this to the attention of the marketing groupresponsible for product packaging? Or would you look fora way to obscure the package design online? Defend youranswer.If you want to increase demand for your restaurantbut are unable to lower prices or increase advertising,what steps might you take?
- Name some of the challenges marketers encounter when developing advertising and promotional campaigns. How does the type of product affect the promotional strategies?If advertising makes consumers more aware ofalternative products, it could _________ theelasticity of demand and _________ the markup ofprice over marginal cost.a. increase; increaseb. increase; decreaseIf advertising makes consumers more loyal toparticular brands, it could _________ the elasticityof demand and _________ the markup of price overmarginal cost.a. increase; increaseb. increase; decreasec. decrease; increased. decrease; decrease
- Thinking at the Margin 0 1 2 3 4 5 Hours of advertising 300 350 380 400 410 415 Total number of customers If a firm finds that advertising increases the total number of customers, for how many hours should it advertise? Assume that each extra customer spends an average of $10 at the store, and an extra hour of advertising costs the firm $200.please do both of the pictures and label corretcly. thank youuuComfort marketing is a type of cognitive message strategies O True O False