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Answer to Question #164252 in Economics of Enterprise for khalyma weekes

Question #164252

using a diagram, explain the effect of a successful advertising campaign on the demand for a popular brand of shampoo and conditioner


1
Expert's answer
2021-02-22T14:03:24-0500

As a result of a successful advertising campaign the demand for a popular brand of shampoo and conditioner will increase, so both equilibrium price and quantity will increase too.


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