Which of the following activities creates time utility?
A) the storing of Thanksgiving ornaments made in July until customers are ready to buy them
B) the molding of plastic into ice cube trays
C) the installation of a revolving tray in a microwave
D) the exchange of money for a dog grooming
E) the use of an auction company to sell your grandparents' antique bed

Question

Quizplus · Accepted Answer

Time utility is created when goods or services are made available at the time they are needed or wanted by consumers. Storing Thanksgiving ornaments until the holiday season directly aligns with this concept, as it ensures the products are available at the time customers are ready to purchase them.

Which of the Following Activities Creates Time Utility