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One Way That Marketers Can Provide Utility Is by Making

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One way that marketers can provide utility is by making sure the good is available at a location that is convenient for consumers.


Definitions:

Correlation

Correlation is a statistical measure that describes the extent to which two or more variables fluctuate together.

Heritability

The proportion of variation in a trait among individuals in a population that is due to genetic differences.

Trait

A stable characteristic or quality of an individual that influences thoughts, actions, and feelings, consistently exhibited across various situations.

Genetic Variation

Refers to the diversity in gene frequencies within a population, resulting from mutations, genetic recombination, and other sources of genetic change.

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