Question
How does time utility benefit consumers?
A.
By limiting the availability of products.
B.
By requiring customers to wait longer for services.
C.
By providing access to goods and services when needed.
D.
By offering lower prices on products.
A.
By limiting the availability of products.
B.
By requiring customers to wait longer for services.
C.
By providing access to goods and services when needed.
D.
By offering lower prices on products.
Answers
GPT-4o mini
C. By providing access to goods and services when needed.
Time utility benefits consumers by ensuring that products and services are available at the right time, meeting their needs and preferences, which enhances customer satisfaction and convenience.
Time utility benefits consumers by ensuring that products and services are available at the right time, meeting their needs and preferences, which enhances customer satisfaction and convenience.