Use the Following to Answer Question

question 98

Multiple Choice

Use the following to answer question:
-(Table: Income and Utility for Tyler) Use Table: Income and Utility for Tyler.The table shows the utility Tyler receives at various income levels,but she does not know what her income will be next year.There is a 40% chance her income will be $20,000,a 40% chance her income will be $30,000,and a 20% chance her income will be $40,000.What level of certain income matches her expected utility,given the uncertainty?

• A)$28,000
• B)$25,000
• C)$26,516
• D)$29,000

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Definitions:

Safe Working Conditions

The provision of an environment for employees that minimizes risks and hazards, ensuring their health and safety.

Satisfier Factors

Elements of a job that can lead to satisfaction and motivate employees by fulfilling intrinsic desires.

Two-Factor Theory

A psychological theory proposing that employee motivation is influenced by hygiene factors that can prevent dissatisfaction and motivators that can create satisfaction.

Job Content

The actual tasks, responsibilities, and activities that constitute one's employment, defining their role and expectations within an organization.