Calculate the advertising elasticity of sales if 'A' denotes advertising expenditure and 'S' denotes sales
S1 = Rs. 40,000 A1 = Rs. 200
S1 = Rs. 50,000 A1 = Rs. 190
Calculate the advertising elasticity of sales if 'A' denotes advertising expenditure and 'S' denotes sales
S1 = Rs. 40,000 A1 = Rs. 200
S1 = Rs. 50,000 A1 = Rs. 190 Correct Answer 5