The Key Elements of a Simple Communications Model Are ________

question 8

Multiple Choice

The key elements of a simple communications model are ________.

• A)source,transmission,destination
• B)signal,transmission,receiver
• C)source,signal,destination
• D)source,signal,receiver

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Definitions:

Perfect Substitute

Goods or services that can be used in place of each other with no loss of utility by the consumer.

Indifference Curve

Represents combinations of two goods that provide the same level of satisfaction to a consumer.

Indifference Curve

A graph showing different bundles of goods between which a consumer is indifferent, representing equal levels of utility or satisfaction.

Midterm Grade

An evaluative score or feedback given to students at the midpoint of an academic term, reflecting their performance thus far.