Answer:
A marginal benefit is a maximum amount a consumer is willing to pay for an additional good or service. ... The marginal benefit for a consumer tends to decrease as consumption of the good or service increases.
Explanation:
In the business world, the marginal benefit for producers is often referred to as marginal revenue.
If you are working in a government job you are a Lobbyist working for a corporation.
<h3>What is a government Organization?</h3>
A government organization is a company formed and governed by the government, it usually includes primary or basic services for example, water supply, Gas supply, electricity etc. The government organizations usually charge a minimal amount for their services.
Government organizations are not only limited to service sector they also include charity organizations.
Learn more about Government organizations at brainly.com/question/27144945
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<u>Answer:
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In a communication model, the context is the environment surrounding communication, including the physical environment as well as the interpretation of a situation.
<u>Explanation:
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- A communication model is dynamic and exhibits changes based on its utility or the purpose of use.
- Though there are changes in the use of these models, the context of the communication models usually remains the same even if the methodology changes.
- The context of the model helps in carrying out the correct interpretation of the situation.
A receiver's response to a sender's message is called feedback.
