BUSINESS ADMINISTRATION
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A business that begins selling winter holiday decorations in late autumn is creating ____ utility.
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place
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time
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possession
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form
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Explanation:
Detailed explanation-1: -A local dry cleaner that also launders and presses shirts is selling: utility. The usefulness of a product to consumers is referred to as product: The earth has certain boundaries.
Detailed explanation-2: -Equilibrium price of a good or service is determined by trial and error and exists when: The amount supplied is equal to the amount demanded.
There is 1 question to complete.