Which of the Following Statements Is True

question 67

Multiple Choice

Which of the following statements is true?

• A) If marginal costs are constant, then it is optimal to advertise until the last dollar spent on advertising generates one additional dollar of sales.
• B) If the demand curve shifts leftward as the advertising expenditure increases, then the advertising elasticity of demand is positive.
• C) If the advertising elasticity of demand declines and consumer demand becomes more price elastic, then the optimal advertising-to-sales ratio declines.
• D) If the advertising elasticity of demand is positive, then the demand curve must be upward sloping.

---

Definitions:

Good Nursing Practice

Standards of care and professionalism that nurses adhere to in order to ensure quality patient care.

Traditions

Customs or beliefs passed down from generation to generation, often forming a part of a community's cultural identity.

New France

New France was a territory in North America colonized by France, extending from Newfoundland to the Rocky Mountains and from Hudson Bay to the Gulf of Mexico, during the 16th to 18th centuries.

Influential Woman

A woman who possesses the power to affect decisions, opinions, or behavior of others through leadership, creativity, or innovation.