elcome Hannah Harbin 041 Fall 2021 ©2006 Capsim Management Simulations, Inc. Brand managers know that increasing promotional budgets eventually result in diminishing returns. The first one million dollars typically results in a 26% increase in awareness, while the second million results in adding another 18% and the third million in a 59% increase. Andrews's product Ate currently has an awareness level of 78%. While an important product for Andrews, Ate's promotion budget will be reduced to one million dollars for the upcoming year. Assuming that Ate loses one-third of its awareness each year, what will Ate's awareness level be next year? Submit Answer Select : 1 78% 52% 73% O 57%
elcome Hannah Harbin 041 Fall 2021 ©2006 Capsim Management Simulations, Inc. Brand managers know that increasing promotional budgets eventually result in diminishing returns. The first one million dollars typically results in a 26% increase in awareness, while the second million results in adding another 18% and the third million in a 59% increase. Andrews's product Ate currently has an awareness level of 78%. While an important product for Andrews, Ate's promotion budget will be reduced to one million dollars for the upcoming year. Assuming that Ate loses one-third of its awareness each year, what will Ate's awareness level be next year? Submit Answer Select : 1 78% 52% 73% O 57%
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Transcribed Image Text:elcome Hannah Harbin
041 Fall 2021
©2006 Capsim Management Simulations, Inc.
Brand managers know that increasing promotional budgets eventually result in diminishing returns. The first one million dollars
typically results in a 26% increase in awareness, while the second million results in adding another 18% and the third million in a 59%
increase. Andrews's product Ate currently has an awareness level of 78%. While an important product for Andrews, Ate's promotion
budget will be reduced to one million dollars for the upcoming year. Assuming that Ate loses one-third of its awareness each year,
what will Ate's awareness level be next year?
Submit Answer
Select : 1
78%
52%
73%
O 57%
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