deffrence between form utility knowledge utility
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Answer:
When a person gains information about a product, he or she gains knowledge utility
The use of a mobile phone, computer, or other device generates knowledge usefulness is form utility.
Explanation:
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Knowledge Utility:
1. Knowledge utility arises when a person acquires knowledge regarding a product.
2. Use of mobile, computer, etc. creates knowledge utility.
3. Knowledge utility increases due to utilisation.
form Utility:
1. Possession utility arises when the ownership of a product is transferred from one person to another.
2. Sale and purchase of goods creates possession utility.
3.Possession utility increases due to demand.
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