For this week’s assignment, you will write a paper on the effects of consumer psychology on buying behaviors. Be sure to address the following items in your paper.
1) How would a psychologist use his or her knowledge of human behavior to help companies sell products?
2) Think of a time when you or someone that you know has purchased a product that you or the person later regretted buying. Explain how consumer psychology may have played a role in the decision to purchase a project.
3) Do you think it is ethical for companies to hire consumer psychologists? Explain why or why not.