The Value That Is Added to a Good Through a Manufacturing,production,or

question 28

Multiple Choice

The value that is added to a good through a manufacturing,production,or assembly process is:

• A) form utility
• B) place utility
• C) time utility
• D) possession utility

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Definitions:

Health Insurance

A contract between an individual and an insurer to cover part or all of the costs associated with medical care.

Poor Eating Habits

Unhealthy dietary practices that often lead to malnutrition, obesity, and increased risk of chronic diseases.

Screening

Screening is a process used by employers, lenders, and others to assess the qualifications, risks, or qualities of applicants before making a decision.

Life Insurance

A financial product that provides a payout to the beneficiaries upon the death of the insured.