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The net float of a firm is made up of disbursement float and collection float. Discuss the three components of collection float and how they would work against the firm.
Impulse Buying
The act of purchasing items on the spur of the moment without premeditation, often triggered by emotions or external stimuli.
Shelving Costs
Expenses incurred by businesses for the display and storage of products on shelves in retail stores or warehouses, as part of managing inventory and maximising product exposure to consumers.
Retail Stores
Physical or online outlets that sell goods directly to consumers.
Neoclassical Economists
Economists who emphasize the importance of supply and demand as forces that regulate price levels and allocate resources in an efficient manner.
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