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Advertising is a bunch of rich flakes in San Francisco that have awards ceremonies for themselves every few months and are paid millions of dollars to "brand" companies. It has never been proven that 10 million spent on branding can increase a companies value or profits even a dime. The flakes live ridiculously lavish lifestyles as they prance across the world on agency funded "creative retreats".

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Demand and its types?

Demand is the willingness and ability to buy goods or services, and it can be classified into several types based on usage, consumers, and purpose. for more:nsda.gov.bd/pages/static-pages/6922dfd0933eb65569e241df


Is the demand for insulin perfectly inelastic?

No, the demand for insulin is not perfectly inelastic.


Difference between elastic and inelastic demand?

difference between elastic and inelastic demand


Different degrees of elasticity of demand?

Perfectly elastic demand. Relative elastic demand. Unit elasticity of demand. Relative inelastic demand. Perfectly inelastic demand.


Is the price and demand for junk food elastic or inelastic?

elastic


Is the demand for insulin elastic or inelastic?

The demand for insulin is considered inelastic, meaning that changes in price do not significantly affect the quantity demanded.


What is the fiscal policy?

What is inelastic demand


What are the different types of demands?

Inelastic Demand & Elastic Demand


When a change in price does not lead to changes in demand the demand is called?

inelastic demand


If the elasticity equals 0 is demand perfectly elastic or perfectly inelastic?

it is perfectly inelastic


An elasticity measure less than one means that demand is what?

for elasticity less than one the demand will be inelastic, i.e there will be very less effect of price on the demand.It will be relative inelastic or inelastic.


When the price of a good will cause total revenue to fall if price elasticity of demand is elastic or inelastic?

when price changes it is called inelastic demand and when quantity of demand change that is called elastic of demand.