Redbox Places Vending Machines at Local Convenience and Grocery Stores

question 164

Multiple Choice

Redbox places vending machines at local convenience and grocery stores that allow customers to rent and return popular movies and video games 24 hours a day. This creates both ________ and ________ utilities.

• A) form; place
• B) form; time
• C) place; time
• D) time; possession
• E) form; possession

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Definitions:

Cognitive Learning Theory

A theory of psychology that emphasizes the importance of internal processes and knowledge acquisition, suggesting that learning is an active mental process of acquiring, remembering, and using knowledge.

Insight

The capacity to gain an accurate and deep understanding of a person or situation.

Operant Learning

A method of learning that occurs through rewards and punishments for behavior, also known as operant conditioning.

Insight

The ability to understand the inner nature of things or a situation in a clear and deep way, often leading to problem-solving.