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Who Conducted Research Supporting the Parallel Distributed Processing Model 30

question 59

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Who conducted research supporting the parallel distributed processing model 30 years prior to its development?


Definitions:

Elastic

Describes a situation where the quantity demanded or supplied of a good is sensitive to changes in price.

Short Run

A period in economics during which the quantity of at least one input (such as plant size) is fixed and cannot be changed.

Long Run

A period in economics sufficient for all markets to adjust to equilibrium, including the adjustment of all production factors and prices of inputs.

Cross-Price Elasticity

A measure of how the demand for one good changes in response to a change in the price of another good.

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