_____ Allows the Receiver to Show the Sender That She

question 40

Multiple Choice

_____ allows the receiver to show the sender that she or he is paying attention and clearly understands the messages being sent.

• A) Encoding
• B) Decoding
• C) Modulation
• D) Feedback

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Definitions:

Accounting Profits

The net income of a company calculated by subtracting total expenses from total revenues, following accounting rules.

Natural Monopoly

A market condition where due to high fixed costs or unique resources, a single firm can supply a product or service at a lower cost than any potential competitor, thus dominating the market.

Natural Monopoly

A market situation where a single supplier is most efficient in providing goods or services due to the high fixed or startup costs relative to the size of the market.