Examlex
Which one of the following statements best describes the notion of parallel distributed processing?
Market Supply
The total amount of a product or service that is available to consumers, determined by the sum of all individual suppliers' outputs in the market.
Decreasing-cost Industry
An industry that experiences lower production costs as the industry output expands, often due to economies of scale.
Relevant Inputs
Factors or resources that directly impact the production process or decision-making in a specific context.
Decreasing-cost Industry
An industry where the cost per unit of output decreases as the scale of production increases.
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