10
QuizMultiple Choice

Making Spending Decisions — Quiz

Question 10 • Personal Finance

Which best explains why companies use celebrities to endorse their products?

Answer
A
to influence consumers
B
to justify a quality claim
C
to develop a brand
D
to copy other companies

Explanation

Celebrity endorsements are mainly used to influence consumers’ attitudes and buying decisions. A familiar or admired celebrity can attract attention and make people more interested in a product. Although endorsements may also help build a brand, their best explanation here is influencing consumers.

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