Consider a Society with Three People Whose Utilities Are U_A

question 2

Multiple Choice

Consider a society with three people whose utilities are U_A = 40, U_B = 90, and U_C = 60. What is the value of the Rawlsian utility function?

• A) 190
• B) 50
• C) 40
• D) 10

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Definitions:

Organizational Commitment

The level of dedication an individual has towards their organization, often reflected in their willingness to remain with the organization and exert high effort on its behalf.

Organizational Effectiveness

The degree to which an organization achieves its goals and objectives, efficiently utilizes resources, and adapts to its environment.

Job Satisfaction

The level of contentment or happiness that an individual derives from their job, influenced by factors such as work environment, compensation, and recognition.

Job Performance

The extent to which an individual executes their job duties and responsibilities effectively.