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According to the Information-Processing Model,in Both Computer and Human Memory,there

question 71

Multiple Choice

According to the information-processing model,in both computer and human memory,there are three basic processes that information goes through: an input or encoding process,a ____ process,and a retrieval process.


Definitions:

Inelastic

A characteristic of demand or supply that signifies a limited response to changes in prices or other economic factors.

Unit Elastic

A situation where a percentage change in the price of a good results in an equal percentage change in the quantity demanded.

Inelastic

Describes a situation where the demand or supply for a good or service is not significantly altered when the price changes.

Elastic

Elastic describes a situation in economics where the quantity demanded or supplied changes significantly in response to price changes.

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