The answer you are looking for is existentialism. Very popular during the Depression and going into the Second World War.
With the increase or decrease of the prices of substitutes, the demand of the substitute goods also decreases or increases.
Explanation:
Substitutes are the products which can be used in place of another product. For example, a cup of coffee can be taken instead of a cup of tea, or Coke can be taken instead of Pepsi.
Change in the price of Substitutes can affect the demand of other substitutes. If the price of a product increases, then the demand of its substitute increases, and if the price of the product decreases, then the demand of its substitute also decreases.
We can understand this relation with an example. Suppose the product is tea. The substitute of tea is coffee. If the price of tea increases, then people will definitely move towards the substitute, which is coffee. This will increase the demand for coffee. Similarly, if the price of tea decreases, people will buy more tea than coffee, which will decrease the demand for coffee. This is how the substitutes affect demand of each other.
Learn more about substitutes at:
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Answer:
Gestalt perspective
Explanation:
Gestalt psychology was proposed by Kohl-er Koffa and Wertheimer. The meaning of this German word gestalt means the whole picture at once. It is the school of psychology that perceives the whole world at once. Sometimes it is also called the simplest form of psychology. Gestalt psychology explained that the whole object is more important than the sub-part of an object. It describes the unique perception of an object. Proximity, similarity, closure, figure and ground some are the form of Gestalt psychology.
Thus here Gestalt psychology is the psychology that focuses on the organization of perception and the thinking as a whole.
Explanation:
Nile is your answer I hope it will help you
