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To describe explain and predict changes in the price and quantity of goods sold?
Wiki User
∙ 9y ago
Laws of Supply and Demand explain and predict changes in the price and quantity of goods sold.
Wiki User
∙ 9y ago
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If the price of a video game increased what would the law of supply predict about the quantity supplied of the game?
the law of supply would increase the quantity of the game
Do economists predict future changes in the economy?
yes!
A table that lists various price and quantity combinations of demand is called?
The table that lists various prices and quantity combinations of demand is the demand schedule. This table makes it simpler to predict demand at different price levels.
It is possible to accurately predict when changes will occur in the economy?
If Ur taking FLVS, Its FALSE!! I put true and got it wrong, so its False!!
Is normative economics concerned with the use of the scientific method to establish well-tested explanations for economic behavior?
Yes, it is. Economics as a field is very concerned with using the scientific method to explain and predict behavior.
What are the psychology's goals?
Psychology seeks to describe, explain, predict, and control the events it studies.The five basic goals of psychology aredescribe, explain, predict, control, and improve.the four main goals of psychology1. observe and describe.2. understand and explain3. predict4. influence and control. the four main goals of psychology1. observe and describe.2. understand and explain3. predict4. influence and control.The goal of psychology is to describe, explain, predict and treat a behavior.
What best describes developmental science goals for human conception to death A describe explain predict influence B study analyze interpret create guidelines C describe categorize write laws?
A. Describe, explain, predict, and influence. Developmental science aims to understand human development from conception to death by describing patterns of change, explaining the underlying mechanisms, predicting future outcomes, and influencing factors that shape development.
What are the four basic goals of psychology?
The four basic goals of psychology are to describe behavior, explain behavior, predict behavior, and control or influence behavior. These goals aim to help understand human behavior and mental processes.
What does a psychologist study?
the four main goals of psychology 1. observe and describe. 2. understand and explain 3. predict 4. influence and control. the four main goals of psychology 1. observe and describe. 2. understand and explain 3. predict 4. influence and control.
What is the explanatory variable?
An explanatory variable is one which may be used to explain or predict changes in the values of another variable. There may be several explanatory variables.
What is a set of rules used to predict and explain motion?
Newton's laws of motion is used to describe motion. There are three laws that were compiled by Issac Newton, who was a mathematician.
A theory is a set of?
...logically related concepts or statemtnts that seek to describe and explain development and to predict what kinds of behavior might occur under certain conditions.
What are Explanatory variable?
Explanatory (or predictor) variable: A variable which is used in a relationship to explain or to predict changes in the values of another variable; the latter called the dependent variable.
What are the three goals of psychological science?
Describe how people think, feel, and behave. Explain the underlying mechanisms of these mental processes. Predict future behaviors based on these explanations.
What are the four goals of psychology and their meaning?
The four main goals of psychology are to describe behavior, explain behavior, predict behavior, and control or change behavior. Description involves observing and recording behavior, explanation focuses on understanding the causes of behavior, prediction involves identifying patterns and making forecasts, and control aims to apply findings to influence behavior positively.
What are the four purposes of research?
The four purposes of research are: to explore or describe a phenomenon, to explain why something occurs, to predict future events or outcomes, and to evaluate the effectiveness of interventions or programs.
Do quantity of acorns predict winter climate?
No, this is just a myth. There is no way that living organisms like trees can predict the weather a season ahead.
