In the Context of the Communication Process, Translating a Message

question 132

Multiple Choice

In the context of the communication process, translating a message into understandable terms and transmitting it through a communications channel is known as _____.

• A) decoding
• B) referencing
• C) polarizing
• D) encoding

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Definitions:

Shortage

A situation in which the demand for a good or service exceeds its supply in a market.

Surplus

An excess of income or assets over expenditure or liabilities in a given period, indicating financial health.

Price Ceiling

A government-imposed limit on how high a price can be charged for a product or service, typically used to control costs for essential items like food and rent.

Equilibrium Price

The market price at which the quantity of goods supplied is equal to the quantity of goods demanded, representing a state of market balance.