Buyer's remorse, in which one makes a purchase and then regrets doing so, is an example of ________

A) anchoring
B) hindsight bias
C) self-serving bias
D) fundamental attribution error
E) cognitive dissonance

Answer: E
Explanation: Cognitive dissonance occurs when one's beliefs and behaviors don't match.
A common form of this situation is buyer's remorse, in which one makes a purchase and then regrets doing so–sometimes immediately after the purchase.

Business

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Which of the following would be an example of the consumer goods classification of collateral?

A. A computer purchased for a teenager as a graduation gift B. A computer purchased for an administrative assistant at a law firm C. A computer in a warehouse at Dell computer that is to be shipped to Best Buy for sale to consumers D. A computer at a university used only by students

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JD suggests that it would accurate to describe ____ as one of the most powerful public policy philosophies in modern history.

a. socialism b. communism c. the market approach d. tariffs and other trade restrictions e. the black market

Business