What is the relationship between impulse purchases, gratification (instant or delayed) and opportunity cost?

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asked Jul 4, 2019 109k views

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Faur · Answer 1 · 2019-07-08T06:33:18+0000

Impulse purchases will correlate with instant gratification. Whereas opportunity cost will correlate with delayed gratification because of the feeling of making the best financial choice.

What is the relationship between impulse purchases, gratification (instant or delayed) and opportunity cost?

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