Economic Utility

Economic Utility

Assessment

Flashcard

Life Skills

9th - 12th Grade

Hard

Created by

Wayground Content

FREE Resource

Student preview

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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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