Economic Utility

Flashcard
•
Life Skills
•
9th - 12th Grade
•
Hard
Wayground Content
FREE Resource
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10 questions
Show all answers
1.
FLASHCARD QUESTION
Front
A business that schedules its hours to better meet consumer needs provides place utility.
Back
False
2.
FLASHCARD QUESTION
Front
Offering auto leases rather than requiring customers to pay the full purchase price provides possession utility.
Back
True
3.
FLASHCARD QUESTION
Front
Convenience stores open 24 hours a day usually provide both time and place utility.
Back
True
4.
FLASHCARD QUESTION
Front
Packaging milk into smaller containers to meet the demand of people who live alone is an example of
Back
form utility
5.
FLASHCARD QUESTION
Front
A new surf shop opens in the middle of Brooklyn, New York. This shop lacks...
Back
Place Utility
6.
FLASHCARD QUESTION
Front
A new vending machine in school begins offering Apple Pay along with their standard cash and debit card pay options. This is an example of....
Back
Possession Utility
7.
FLASHCARD QUESTION
Front
Coke Zero updates its product label to communicate its sugar free features. This is an example of...
Back
Information Utility
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