Multiple choice question.
They actually do not; consumers would be better off buying without a middleman.
Most products are redesigned at the point of purchase to better fulfill the needs of consumers.
Intermediaries provide various forms of utility: time, place, form, and possession.
Intermediaries reduce the ultimate price paid by the consumers.
1 answer
The correct answer is:
Intermediaries provide various forms of utility: time, place, form, and possession.
Intermediaries enhance the value of a product for consumers by making it more accessible and convenient, providing the right products at the right time and place, and facilitating the transfer of ownership.
