The Following Table Lists the Utility That Steve Receives from Consuming

question 74

Multiple Choice

The following table lists the utility that Steve receives from consuming oranges at $0.50 apiece. What is the marginal utility of increasing consumption from two to three oranges? $\begin{array}{|c|c|}\hline \text {Number af aranges}& \text {Total utility}\\\hline 0 & 0 \\\hline 1 & 4 \\\hline 2 & 9\\\hline 3 & 15 \\\hline 4 & 20 \\\hline 5 & 24 \\\hline\end{array}$

• A) 3
• B) 6
• C) 5
• D) 12

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Definitions:

Organizational Design

The process of structuring an organization's roles, responsibilities, and relationships to effectively achieve its goals.

Job Design

An outgrowth of job analysis that improves jobs through technological and human considerations to enhance organization efficiency and employee job satisfaction.

Herzberg

Refers to Frederick Herzberg, a psychologist best known for developing the Motivation-Hygiene Theory, which suggests that certain factors lead to job satisfaction while others prevent dissatisfaction.

Achievement

Refers to the successful completion of objectives or reaching a desired outcome, often recognized in educational, professional, or personal contexts.