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Alex17521 [72]
3 years ago
11

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?
Mathematics
1 answer:
Viefleur [7K]3 years ago
3 0

Answer:

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.

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<u>Given</u>:

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