Question

what is time utility

Answer 1

Many companies educate their business, marketing and advertising professionals about the customer purchase behaviour and needs of the consumers which create a utility function. There are total four types of utilities which are form, possession, place and time.

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Answer 2

the four type of economic utility are form time , place , and possesion utility is this context refers to the value of usefulness that a purchaser his money for a companys goods or services