A Communication Channel That Is Capable of Carrying Enough Information

question 46

Multiple Choice

A communication channel that is capable of carrying enough information to assure good personal two way communications is said to have __________.

• A) too much of capacity
• B) a high channel richness
• C) enough adaptability
• D) an open channel

---

Definitions:

Elasticity

A measure of how much the demand or supply of a product changes in response to a change in price.

Total Revenue

The total amount of money a firm receives from the sale of its goods or services, calculated as the product of price and quantity sold.

Inelastic

A characteristic of goods or services for which demand does not significantly change with a change in price.

Total Revenue

The total amount of money generated from the sale of goods or services by a company before any costs or expenses are deducted.