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An important determinant of the price elasticity of demand is the:
Product Placement
The strategic placement of products in movies, TV shows, or other media to increase visibility and sales.
Global Activity
Interactions, transactions, or operations conducted across international borders that affect the economies and societies of more than one country.
Infomercials
Long-form television commercials that are designed to educate and persuade viewers about a product or service, typically lasting longer than a traditional commercial.
Viral Advertising
A marketing strategy that relies on social networks and word-of-mouth to increase brand awareness rapidly.
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