Question: Please select one answer from the following choices. Brand managers know that increasing promotional budgets eventuallyr result in diminishing returns. The rst one million dollars

Please select one answer from the following choices.

Please select one answer from the following choices. Brand managers know that

Brand managers know that increasing promotional budgets eventuallyr result in diminishing returns. The rst one million dollars typically results in a 25% increase In awareness. while the second mllllon results In adding another 13% and the third million in a 5% increase. Andrews's product Awe currently has an awareness level of W'tt. . tl'u'hile an important product for AndrewsI Awe's promotion budget will he reduced to one mllllon dollars for the upcoming year. Assuming that Awe loses one- thlrd of Its awareness each year. what will Awe's awareness level be next year? 5mm 1 Save Answer I':| TB'H: |':| 52% CI TB'H: |':| STE-t

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