The Availability of Credit Can Increase Customers' Impulse Buying and Can

question 5

True/False

The availability of credit can increase customers' impulse buying and can also increase their willingness to purchase expensive items.

---

Definitions:

Theoretical Predictions

Assumptions or forecasts based on existing theories or models about how certain conditions will influence outcomes in specific scenarios.

Behavioral Assumptions

The hypotheses or beliefs about how individuals make economic decisions, often based on their psychological characteristics.

Economic Models

Simplified representations of complex economic processes, used to predict or analyze economic behaviors and outcomes.

Hypothesis

A proposed explanation made on the basis of limited evidence as a starting point for further investigation.