One Technique That a Person May Use to Reduce Cognitive

question 16

True/False

One technique that a person may use to reduce cognitive dissonance is changing their conflicting behaviors to match their attitudes.

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Definitions:

Oral Auctions

Competitive bidding events where buyers vocally submit their bids for items or services in real time.

Winner Pays

A bidding or auction principle where the winning bidder is responsible for paying the price they proposed, commonly used in auctions and certain competitive scenarios.

Willingness to Pay

The maximum amount an individual is prepared to spend on a good or service, reflecting their perceived value of the product.

Oral Auction

A traditional auction where bids are announced by participants verbally until the highest bid is reached.