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The Communication Model Developed by Shannon and Weaver Included the Concept

question 6

Essay

The communication model developed by Shannon and Weaver included the concept of noise.What is noise and why is it of great concern to PR practitioners?


Definitions:

Profit Maximizing

A strategy employed by businesses to find the optimal pricing and quantity of production for the highest profit.

MR = MC

The condition where marginal revenue equals marginal cost, typically representing the profit-maximizing point for perfectly competitive firms.

Marginal Revenue

The increase in revenue that results from the sale of one additional unit of a product.

Output Unit

The quantity produced or service provided over a given period of time, often used to measure productivity.

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