Explain communication model using the four basic elements of the model?

receiving, retrieving, giving, interpretation

The transmitter, message, medium, receiver, and feeback.

Pure competition, pure monopoly, monopolistic competition, and oligopoly.

rational, self interested consumersrational, profit maximizing firmscompetitive markets with price taking behavior

There are five main elements in Lasswell's model of communication: Who (the sender) says what (the message) in which channel (the media) to whom (the receiver) with what effect? (the response) --...