Question

19. Hank was just handed over free passes to a rock concert by his friend. However, Hank is required to be at work on the night of the concert. Hank has not been able to find a substitute who can take care of his work. He is now debating whether he should adhere to his work schedule or postpone the work to attend the concert. Hank's dilemma illustrates __________________.

a. realized cost
		b. source monitoring error
		c. confirmatory bias
		d. cognitive dissonance

Answer 1

Ans. d. cognitive dissonace

Cognitive dissonance means a person's state of mind having inconsistent thoughts specially relating to behavioural decision making. Cognitive dissonance is related to psychology. Here, Hank's is in dilemma of decision making.

Realized cost means an amount seller get from selling things.

Source monitoring error means during memory recall error occurs due to disruption of perceptual processes.

Confirmatory bias means tendency to interpre any thing or any evidence according to one's beliefs or values.