Television executives recently announced that advertising time on television will cost 10 to 15 percent more next fall than it cost last fall. ███ ██████████ ██████ ████ ██ █████ ██ ████ █████████ ███████████ ████ ████████ ██ ██████ ████ ██████████ ████████████ ███ ██ ███████████ ████ ████ ██ ██ ██████ ██ ████ ████ ████ ████ ██ ███ ████ █████
The executives conclude that advertising time will be no harder to sell next fall than last fall. This is because, despite the increased cost of advertising time, advertisers will still profit from TV advertising.
The executives assume that advertisements, despite the price increase, will remain profitable enough to encourage advertisers to purchase TV advertising time as much as before, rather than looking to some other form of advertising that might produce higher profits.
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