I've bought cups of coffee that were bad enough to throw away for $4. Not often, but it's happened. It doesn't stop me from buying coffees from new cafes.

I reckon trying to solve this as though it's rationally thought-out is wrongheaded. I didn't consider and decide that I didn't like paying for apps, I just got used to not paying for apps. And indeed, once I got used to paying for apps again,* I stopped worrying about whether the $1 app would actually do what I wanted.

* Since we're sort of discussing what would prompt people to spend money, for me it was games. Free-to-play games are so reliably so annoying that I eventually swore off downloading them.

It does have refunds, though you'll probably get denied after you do 3-4 in a short period of time. No refunds on IAPs.

I have never once asked for a refund from Apple and not received it.

On that same note, I’ve never asked a decent restaurant for a refund or exchange of a bad food or drink and not received it either.

And many cups of coffee either taste bad or are bad for health, yet those customers still pay for those options and throw the cup away afterward. It's worth noting those cups of coffee typically cost more than $1.

Yes it does. No questions asked. But it is a kinda hidden feature