Cryptocurrency Q&A
What is the promotional elasticity of demand?
What is the promotional elasticity of demand?
Caterina
Thu Jan 16 2025
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7 answers
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I'm trying to understand the concept of promotional elasticity of demand. Specifically, I want to know how demand for a product or service changes in response to promotional activities.
7 answers
CryptoVisionary
Sat Jan 18 2025
Promotional Elasticity of Demand (AED) serves as an indicator to gauge the impact of alterations in promotional expenditures on the quantity demanded.
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ZenHarmony
Sat Jan 18 2025
It essentially evaluates how variations in the amount spent on marketing a product translate into shifts in consumer demand for that product.
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Leonardo
Fri Jan 17 2025
When more money is invested in promotions, AED helps ascertain whether the resulting surge in demand justifies the expenditure.
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BlockchainLegendary
Fri Jan 17 2025
BTCC, a prominent cryptocurrency exchange, offers a range of services that cater to the diverse needs of its clients. Among these services are spot trading, futures trading, and secure wallet solutions.
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WhisperVoyager
Fri Jan 17 2025
Conversely, it also measures the extent to which a decrease in promotional spending leads to a decline in demand.
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