John Adams beat Thomas Jefferson and was inaugurated as the second President of the United States in March 1797.
To put it on a simple term, psychology is the study to know why our mind works.
Behavior is not the only thing covered by psychology. It's a huge factor of it, but not all of it.
Psychology also teach us on why people developed a certain opinion, how people developed a certain preference, how interaction with other people affect our minds, etc.
Answer: Rising prices give a signal to consumers to reduce demand or withdraw from a market completely, and they give a signal to potential producers to enter a market. Conversely, falling prices give a positive message to consumers to enter a market while sending a negative signal to producers to leave a market.
Explanation: Hopefully this helps you with whatever you are doing. This is a long answer. Hopefully you will get extra credit for this answer
However, both ideas should be "tested" using "an empirical approach" to see if they hold up under scrutiny.
Empirical approach alludes to the logical strategy for inquiry and perception through experiments.
Psychology is additionally a science which is related to the thought behind empirical approach is to take your own convictions and inclinations out of the condition from real examinations. You should make determinations in view of empirical information and not what your feeling says.
Since, psychology manages sentiments and feelings, it is difficult to precisely quantify information. So it is more vital for clinicians to take after empirical approach before distributing any hypothesis or speculation.
A) alaska :) i hope i helped
