Question

when both kinds of people, the convenience shoppers and the bargain shoppers, are shopping at the same wal-mart, who is more likely to stick to their prearranged shopping list rather than splurging on something on a whim?

Answer 1

Convenience shoppers are more likely to stick to their prearranged shopping list, while bargain shoppers may be more inclined to splurge on something on a whim.

Step-by-step explanation:

In economics, it is difficult to predict with certainty who is more likely to stick to their prearranged shopping list, as individuals have different shopping habits and preferences. However, if we consider the concepts of utility and budget constraints, it is plausible to assume that convenience shoppers are more likely to stick to their prearranged shopping list.

Convenience shoppers prioritize convenience and efficiency, which may lead them to be more focused and disciplined in following their shopping list. Additionally, convenience shoppers are more likely to have a routine and experience with grocery shopping, which can enhance their ability to make planned purchases.

On the other hand, bargain shoppers may be more inclined to splurge on something on a whim as they prioritize finding the best deals and saving money. They may be open to exploring different products and brands, which can lead to impulse purchases.