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How does the market demand curve change (as a function of marketing expenditure) during recession?
Weegy: A demand curve shows the quantity demanded as a function of price, other things equal. Generally, the demand curve slopes downward. [ Changes in price are represented by movements along the demand curve, while changes in other factors, such as income, the prices of related products, and advertising, are represented by shifts of the entire demand curve. The market demand curve is the horizontal summation of the individual demand ... (More)
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Asked 363 days ago|7/27/2013 8:01:51 PM
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How does the market demand curve change (as a function of marketing expenditure) during recession?
Weegy: How does the market demand curve change (as a function of marketing expenditure) during recession? Answer: Market demand will shift if there is a change in demand while there will only be a new equilibrium established given a new price. [ During a recession, the overall demand will fall for most products. This will depend on the product elasticity. The less elastic an item is, the less demand impact it will have during a recession. Such ... (More)
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Asked 363 days ago|7/27/2013 8:03:59 PM
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