Which of the following activities creates possession utility?
A) A company manufactures and stores Christmas wrapping paper in August to be purchased in November and December.
B) Suze buys a pair of aquamarine earrings to wear with her white sweater
C) The farmer records his cows' milk fat content.
D) Grapes are dried to make raisins.
E) Gareth places an order for a football-shaped cake.

Question

Quizplus · Accepted Answer

Possession utility is created when a product is transferred from the seller to the buyer, allowing the buyer to own and use the product. In this case, Suze buying earrings creates possession utility.

Which of the Following Activities Creates Possession Utility