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No point in advertising to people with no (disposable) income. It's like trying to squeeze blood from a stone.
by Fej 9y ago
No point in advertising to people with no (disposable) income. It's like trying to squeeze blood from a stone.
- CamelCaseName 9y ago[0] consumption = autonomous consumption + marginal propensity to consume × disposable income Even when income, disposable or total, is set to zero, individuals still have to eat, to be sheltered, to take transportation. Then, wherever there are multiple products for anything that would be considered a necessity, advertising can still have a positive return. [0] https://saylordotorg.github.io/text_macroeconomics-theory-through-applications/s20-21-consumption-and-saving.html https://saylordotorg.github.io/text_macroeconomics-theory-th...