Asked by
Duangkaew Aiamsuwan
on Nov 25, 2024
Verified
Placement of goods in grocery and other retail stores is often done with the objective of encouraging impulse buying.
Impulse Buying
The act of purchasing items on the spur of the moment, often without prior planning.
- Understand the significance of impulse buying and its impact on economic models.
Verified Answer
KS
Learning Objectives
- Understand the significance of impulse buying and its impact on economic models.
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