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(Figure: Determining Surplus 6) Using the graph, we can calculate the maximum possible consumer surplus as:
Frequency and Reach
Metrics used in advertising to measure how often (frequency) and the extent of the audience exposed (reach) to a message.
IMC Message
A communication message created in accordance with Integrated Marketing Communications principles, ensuring consistent branding and messaging across all marketing channels.
Target Audience
A specific group of consumers identified as the intended recipients of an advertisement, product, or campaign.
Advertising Agency
A service-based firm that creates, plans, and handles advertising and sometimes other forms of promotion for its clients.
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