Question: An increase in promotional budgets has: increasing returns over time returns to advertising expenditures follow a U - shaped function diminishing up to about $

An increase in promotional budgets has:
increasing returns over time
returns to advertising expenditures follow a U-shaped function
diminishing up to about $15 million, then increasing returns over time
diminishing returns become apparent at $2 million diminishing up to about $15 million, then increasing returns over time 5. returns to advertising expenditures follow a U-shaped function
level returns over time
An increase in promotional budgets has:

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