The Reciprocal Creation of Meaning', as a Definition of Communication

question 8

Multiple Choice

The reciprocal creation of meaning', as a definition of communication, means that:

• A) we can take a message to mean anything.
• B) meaning can never be certain.
• C) two parties may begin with different meanings and then negotiate a closer understanding.
• D) meaning is generated only through language.
• E) one party to the communication will always dominate the other.

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Definitions:

Prefabricated Garages

Buildings for storing vehicles that are manufactured off-site in advance, usually in standard sections that can be easily shipped and assembled.

Marginal Revenue

The additional revenue that a firm receives from selling one more unit of a good or service.

Price Discrimination

A pricing strategy where identical or substantially similar goods or services are sold at different prices by the same provider in different markets or to different buyers.

Economic Profits

The difference between total revenues and total costs, including both explicit and implicit costs, indicating the financial gain realized when accounting for opportunity costs.