Ruby Is a Student and Spent $150 on a Pair

question 49

Multiple Choice

Ruby is a student and spent $150 on a pair of Oakley Pro-M sunglasses for her boyfriend,Hudson.When she got home with the sunglasses,she experienced a high level of anxiety about whether she made the right purchase decision.What did Ruby experience?

• A) selective retention
• B) self-actualization involvement
• C) cognitive dissonance
• D) perceptual disharmony

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Definitions:

Durable Goods

Consumer products that have a long life span (over three years) and are used over time, such as cars, appliances, and furniture.

Food Producers

Food Producers are companies or individuals engaged in the cultivation, preservation, and distribution of food products and commodities to consumers.

Defensive Industries

Sectors of the economy expected to remain stable during various phases of the business cycle, often including utilities and consumer staples.

Pharmaceutical Firms

Companies involved in the research, development, production, and marketing of drugs and other healthcare products.