advertising that uses elebrity endorsements is most likelyintended to a. increas

Question

advertising that uses elebrity endorsements is most likelyintended to a. increase elesticity of demand for the advertisedproduct b.reduce the ability of markets to allocate resourcesefficiently c.provide a signal of product quality d.be useful only for psychological effect. advertising that uses elebrity endorsements is most likelyintended to a. increase elesticity of demand for the advertisedproduct b.reduce the ability of markets to allocate resourcesefficiently c.provide a signal of product quality d.be useful only for psychological effect.

Explanation / Answer

C. PROVIDE A SIGNAL OF PRODUCT QUALITY

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