A Product That Provides the Utmost in Convenience Is Said

question 25

Multiple Choice

A product that provides the utmost in convenience is said to offer exceptional:

• A) time and place utility.
• B) place and possession utility.
• C) time and possession utility.
• D) form and time utility.
• E) form and place utility.

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Definitions:

New Deal

A series of programs and policies implemented by President Franklin D. Roosevelt in the 1930s to counter the effects of the Great Depression.

Labor

Human effort, either physically or mentally, expended in the production of goods and services.

Rural Electrification Administration

A U.S. federal government agency created in 1935 to bring electricity to rural areas that were not served by existing utility companies, greatly improving quality of life.