Question
What is the main focus of possession utility?
A.
To enhance the good's form.
B.
To provide information about the good.
C.
To assemble the good.
D.
To allow consumers to own and use a good at their convenience.
A.
To enhance the good's form.
B.
To provide information about the good.
C.
To assemble the good.
D.
To allow consumers to own and use a good at their convenience.
Answers
GPT-4o mini
D. To allow consumers to own and use a good at their convenience.
Possession utility refers to the value provided to consumers by being able to own or use a product, enhancing their ability to derive enjoyment or satisfaction from it.
Possession utility refers to the value provided to consumers by being able to own or use a product, enhancing their ability to derive enjoyment or satisfaction from it.