A is incorrect but R is correct.
To evaluate the given assertion (A) and reason (R), let's analyze each statement independently and in relation to one another:
Step 1: Evaluate Assertion A
Celebrity endorsements are a common marketing strategy. They help companies leverage the popularity and credibility of famous personalities to attract consumers. This often results in increased brand value and sales. Thus, Assertion A is correct.
Step 2: Evaluate Reason R
Most celebrities indeed accumulate wealth and have the financial capacity to purchase advanced technology and premium products. This is an accurate statement about celebrities in general, making Reason R correct.
Step 3: Analyze the Relationship
The assertion discusses the impact of celebrity endorsements on brand value and sales while the reason explains the financial status of celebrities. While both statements are true independently, the financial status of celebrities (Reason R) does not directly explain why their endorsements increase brand value and sales (Assertion A). Endorsements increase brand value because of their influence and visibility, not their purchasing power.
Conclusion:
The correct answer is: "Both A and R are correct and R is NOT the correct explanation of A."