Critically assess the following: An advertising executive is heard to say: "Unit sales went last year by 15% when we raised advertising expenses by 5%. Clearly, advertising is extremely effective. Our advertising budget must be funded at an even larger amount this year."
(Hint: Be sure to address whether executive’s statement is unmistakably authentic.)
Min Pages: 1
Level of Detail: Only answer needed
Other Requirements: This is a graduate level Economics class