By making a product available for consumers to use, ________ is created.
A) price utility
B) place utility
C) ownership utility
D) time utility
E) form utility

Question

Quizplus · Accepted Answer

Ownership utility refers to the satisfaction consumers derive from owning a good or service. By making a product available for consumers to use, they have the opportunity to purchase and take ownership of it, therefore creating ownership utility.

By Making a Product Available for Consumers to Use, ________