(Table) Based on the Table, Assume That a Bottle of Water

question 74

Multiple Choice

(Table) Based on the table, assume that a bottle of water costs $2. The marginal utility per dollar for the second bottle of water is
$\begin{array}{l}\hline \quad \quad \quad {\text { Bottled Water }} \quad \quad \quad \quad \quad \quad \quad {\text { Bags of Chips }} \\\begin{array}{|c|c|c|c|}\hline \text { Quantity } & \text { Total Utility } & \text { Quantity } & \text { Total Utility } \\\hline 0 & 0 & 0 & 0 \\\hline 1 & 40 & 1 & 60 \\\hline 2 & 70 & 2 & 90 \\\hline 3 & 90 & 3 & 105 \\\hline 4 & 100 & 4 & 114 \\\hline 5 & 106 & 5 & 120 \\\hline\end{array}\end{array}$

• A) 20.
• B) 10.
• C) 15.
• D) 5.

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Definitions:

Organic Structures

Flexible and adaptive organizational structures that foster innovation, creativity, and responsiveness, emphasizing informal networks and decentralized decision-making.

Departmentalization

The method of dividing an organization into distinct departments, allowing for specialized functional areas that focus on specific tasks or duties.

Informal Communication

The exchange of information, thoughts, and messages in an unofficial, casual manner outside formal communication channels.

Centralized

The concentration of decision-making authority at the top levels of the organizational hierarchy.