Pictures of Rice leaving plane

The transcript consists of a brief closing remark expressing gratitude.

What does the phrase 'You're welcome' typically signify in a conversation?

In what contexts might someone say 'You're welcome'?

How can the phrase 'You're welcome' vary in tone or meaning based on the situation?

What are some alternative phrases to 'You're welcome' that convey a similar meaning?

Can 'You're welcome' be used in formal and informal settings? Provide examples.