Economic Utility
Quiz
•
Life Skills
•
9th - 12th Grade
•
Practice Problem
•
Medium
Jessica McCuan
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business that schedules its hours to better meet consumer needs provides place utility.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Offering auto leases rather than requiring customers to pay the full purchase price provides possession utility.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Convenience stores open 24 hours a day usually provide both time and place utility.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Packaging milk into smaller containers to meet the demand of people who live alone is an example of
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A new surf shop opens in the middle of Brooklyn, New York. This shop lacks...
Time Utlity
Place Utility
Information Utility
Possession Utility
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
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....
Time Utility
Information Utility
Form Utility
Possession Utility
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Coke Zero updates its product label to communicate its sugar free features. This is an example of...
Place Utility
Information Utility
Form Utility
Possession Utility
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