Question

define utility and what are the types of utility?​

Answer 1

Explanation:

Types of Utility. There are mainly four kinds of utility: form utility, place utility, time utility, and possession utility. These utilities affect an individual's decision to purchase a product. ... In other words, form utility can be achieved by translating customer requirements and necessities into services and goods.

Answer 2

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• Types of Utility. There are mainly four kinds of utility: form utility, place utility, time utility, and possession utility. These utilities affect an individual's decision to purchase a product. ... In other words, form utility can be achieved by translating customer requirements and necessities into services and goods.

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