Use the Figure Below to Answer the Following Questions

question 5

Multiple Choice

Use the figure below to answer the following questions. Figure 5.2.1
-Consider Figure 5.2.1.If the price is $4,what is the consumer surplus from the third unit of the good?

• A)$0
• B)$1
• C)$2
• D)$3
• E)$4

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Definitions:

Divisional Structure

An organizational structure where operations are grouped based on divisions or business units, with each division typically focusing on a particular product line or geographical market.

Functional Structure

An organizational configuration that divides the company based on specialization, where each organizational unit performs a specific function.

Process Structure

Refers to the arrangement and organization of various components within a process, including tasks, resources, and workflows, aimed at achieving efficient operations and outcomes.

Network Structure

The arrangement or organization of interconnected nodes or elements within a network, influencing its function and performance.