Examlex
What is the result of an agricultural support price established above the equilibrium price?
Cognitive Dissonance
A psychological phenomenon involving conflicting attitudes, beliefs, or behaviors that cause mental discomfort leading to an alteration in one of the attitudes, beliefs, or behaviors to reduce the discomfort.
Self-Perception Theory
A theory suggesting that individuals develop their attitudes and feelings by observing their own behavior and concluding what attitudes must have caused them.
Observational Learning
The process of acquiring knowledge, behaviors, or skills by watching and imitating others rather than through direct experience.
Cognitive Dissonance
The inner turmoil experienced when an individual simultaneously holds conflicting beliefs, ideas, or values.
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