Economy, asked by milimondal21, 6 months ago

place utility : transport::service utility ​

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Answered by havellshavells
2

Answer:

Place utility: this utility is derived when you can transport goods from one place to another. Transportation services create time utility. Place utility is always more in places of scarcity than abundance. For Example, when apples from Kashmir is transported to any other place, place utility is created.

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