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Calculating the Advertising Elasticity of Demand
Have you the value of the AED?
 
Original Level of Advertising (£)
Original Quantity (Q)
New Level of Advertising (£)
New Level of Quantity (Q)
Price of the Good (£)
Cost of Production per Good (excl. Advertising) (£)
When AED is User Defined
The AED is (when the AED is set by user)
Change in the Level of Advertising (%)