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The correct option is A.
Feedback refers to the receiver's response to the message he has received. The receiver may have to write the response down and send it to the sender who read it and interpret the message; thus repeating the whole process of communication again.
Answer:
1153.85 per week and 28.85 per hour
Explanation:
Below are the choices that I manage to check from other source:
A.Standard errors
B.Interval widths
C.Z-statistic
D.<span>Both b and c
The answer is D which is </span>Both b and c.
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Answer: Supply curve - Increases rightwards
Market Price - Falls
Economic Profit - Decreases
Explanation: Perfect Competition market structure is with large number of buyers & sellers , homogeneous products & uniform prices , perfect information and free entry and exit.
'Free Entry and Exit' implies - no firm earns super normal (economic) profits or abnormal losses in long run. When firms are earning economic profits in short run, new firms enter (because of free entry) & the industry supply increase reducing price , which further reduces the super normal profits to normal profits in long run. Similarly - Abnormal losses make firms exit (freely), reduce supply & increase price , hence reducing abnormal losses & resuming normal profits.