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Tidy Tidy
wrote...
Posts: 4852
9 years ago
Firms pay famous individuals to endorse their products because
A) apparently demand is affected not just by the number of people who use a product but also by the type of person that uses the product.
B) the firms are irrational and are wasting advertising expenditures.
C) famous people obviously know what are the best goods and services.
D) famous people only consume high quality products.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 213 times
2 Replies
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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Chimelo46Chimelo46
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Top Poster
Posts: 5641
9 years ago
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wrote...
9 years ago
It was nothing, thanks for updating us.
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