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- Economic Utilites
- These vegetables and fruits will for sure satisfy you! We have just what you're looking for
- Form utility
- We must use these rocks and find some sticks to create a fire
- Place utility
- I love my balloon, Im so glad I bought it here at the fair
- Utilities are an added value in economic terms; An attribute of goods and services that makes them capable of satisfying customers wants and needs.
- Time utility
- I am so lucky cabs drive around my city at 5pm, just in time to go home from work!
- Involves changing raw materials into usable goods or putting parts together to make them more useful
- Possession utility
- Here's 8.95 sir, thank you so much have a great day!
- Involves having a product where customers can buy it.
- Information utility
- ATTENTION! Food is sold in lines 1 and 2, drinks are bieng sold in line 3
- Having a product or service available at a certain time of the year of certain time of the day.
- The exchange of a product for money.
- 8.95 please. Its hot, so enjoy and be careful!
- Involves communicating with the customer.
- Where can i get a drink?
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