Suppose you get a job with the marketing division of PetFoods, Inc. The two leading prod


Question: Question 2: Suppose you get a job with the marketing division of PetFoods, Inc. The two leading products that the company produces are KittyTreats and DoggyDonuts. You are responsible for advertising the products and creating incentives to increase consumer expenditures on either or both product. Your assistant who is a statistician informs you that the price elasticity of demand for KittyTreats is –0.73 and the price elasticity of demand for DoggyDonuts is –1.96. Given this information, what marketing or pricing strategies would you use? Justify your ideas.

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Solution: The solution consists of 3 pages
Deliverable: Word Document

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