Which of the following statements is an example of possession utility?
A)An iPhone with a large selection of new "apps"
B)The local dairy offers delivery to the customer's doorstep
C)Disposable diapers come equipped with re-sealable tabs
D)A gourmet food store carries a line of ready-made salads
E)A cell phone company offers six-month financing, same as cash

Question

Quizplus · Accepted Answer

Possession utility refers to the value added to a product by making it easier for the consumer to purchase or own it, such as through financing options.

Which of the Following Statements Is an Example of Possession