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the optimal level of advertising expenditure for the firm is determined where the marginal revenue increase in costs of advertising are equal to the marginal increase in revenue
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How do you determine the optimal product mix?
Optimal product mix is at that point where net profit from thesales of that product mix is maximum.
Mixing global advertising with local advertising?
Glocal advertising? In practice this is done by running a major tv campaign all over the world, with slight tweaks on a local level, done by the local offices of the global advertising networks. Typically print advertising is 'left over' to the local agencies.
How do advertising rate cards work?
An advertising rate card is a way for a company to list their rate for advertising. The rate cards show the ad sizes, discounts, etc. that the publication has to offer and this information can be used to determine the best place to put your ad.
What percentage of revenue should a small business spend on advertising costs?
The percentage of revenue that a small business should spend on advertising changes depending on the circumstances. The basic needs of the business determine the percentage. If there is already a wide fan base, less advertising is needed.
What eduction is required for most marketing and advertising jobs?
The education level required for most good marketing and advertising management jobs is a Batchelor's Degree. At a lower level many agencies will provide in-house training for new employees with a good basic education.
If you have Marginal Cost and Marginal Damages how do you find the optimal level of output?
The optimal level of output is where marginal costs = marginal damages.
How do you determine the optimal product mix?
Optimal product mix is at that point where net profit from thesales of that product mix is maximum.
What criterion should be utilized to determine the optimal facilities plan?
English
An individual performs best at the optimal?
arousal level
What is the bodies optimal water level?
The human body's optimal water level is approximately 72%. This varies slightly from individual to individual but fluctuations based on water intake and loss.
Is the optimum level of production the same as the profit maximization level of output?
"Optimal" can be defined in various ways. When looking from a profit maximization viewpoint, the level of production with the highest (return/cost) ratio will be the optimal. However, when looking purely from a productive viewpoint, the optimal level would be the one with the highest (output quantity/input quantity) ratio
Is Advertising fixed costs?
If advertising expense is fixed and has no concern with level of sales then it Is fixed but if it is changed with the change in level of sales then It is variable cost.
How does advertising have a negative influence on society?
It usually distorts rational decision making and so results in sub-optimal allocation of resources.
How do you maintain an optimal level of arousal in my students?
google. That tells you everything.
What are the main points of optimal arousal?
Optimal arousal theory suggests that performance is best when an individual's arousal level is moderate, not too high or too low. This theory emphasizes the importance of finding the right balance of arousal to achieve optimal performance in tasks. Factors like complexity of the task and individual differences can influence the level of arousal needed for peak performance.
What determines the optimal level of production in command economies?
The optimal level of production in a command economy is determined by the central planners and is consistent with government objectives rather than being a function of consumer desires.
Why is an equilibrium price important?
It is how sellers determine the best possible price for their products for optimal profit.
