Ronnie walked into the electronics store and fell in love with a stereo speaker. The speaker cost $500. Since Ronnie only had $ 60, he decided to use his credit card to purchase the $500 speaker.

In two or more complete sentences explain whether or not Ronnie's purchase is an example of an impulse purchase?

Question

Mathematics

Addyson Todd

16 October, 03:33

Ronnie walked into the electronics store and fell in love with a stereo speaker. The speaker cost $500. Since Ronnie only had $ 60, he decided to use his credit card to purchase the $500 speaker.

In two or more complete sentences explain whether or not Ronnie's purchase is an example of an impulse purchase?

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Answers (1)

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Baron Maxwell · Answer 1

This is an example of impulse purchase

Step-by-step explanation:

This is an impulse purchase since Ronnie didn't plan to by the stereo before entering the store. An impulse purchase comes from the word impulse I. e sudden urge leading to a prompt action. An impulse purchaser does not budget for whatever they buy rather are influenced by their emotions. If they're attracted to that item, they'll buy it instantly.