The use of credit cards increases the probability,speed,and magnitude of customer spending.

Name: The use of credit cards increases the probability,speed,and magnitude of customer spending.
Brand: Quizplus
Rating: 4.7 (33 reviews)

Question

Quizplus · Accepted Answer

Credit cards allow customers to easily make purchases without physically exchanging cash, increasing the probability and speed of spending. Additionally, credit cards often have higher credit limits than cash or debit cards, allowing customers to make larger purchases, thus increasing the magnitude of spending.

The Use of Credit Cards Increases the Probability,speed,and Magnitude of Customer