What is place utility? Give example.
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Place utility. - Place utility is a utility created by changing the place of a particular commodity. For example, bringing crops from farms to market or to the place for consumption is an example of creation of the place utility.
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- Answer:Place utility refers primarily to making goods or services physically available or accessible to potential customers. Examples of place utility range from a retail store's location to how easy a company's website or services are to find on the internet.
- Answer:Place utility refers primarily to making goods or services physically available or accessible to potential customers. Examples of place utility range from a retail store's location to how easy a company's website or services are to find on the internet. Mark as branily
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