Explain the Difference Between These Two Statements

question 2

Essay

Explain the difference between these two statements.
a. A rise in price leads to a decrease in quantity demanded.
b. A rise in price is caused by an increase in demand.

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Definitions:

Luck

The experience of notably positive, negative, or improbable events influenced by chance.

Generalization

The process by which an organism responds in the same way to different but similar stimuli.

Extinction

In psychology, the gradual diminishing of a conditioned response when the reinforcement is no longer presented; in biology, the permanent loss of species from the earth.

Token Economy

A behavioral modification system that utilizes tokens as symbolic reinforcements for desirable behaviors, which can later be exchanged for specific rewards.