The Quality of a Product That Satisfies a Human Need

question 60

Multiple Choice

The quality of a product that satisfies a human need during its consumption is known as

• A) ownership utility.
• B) place utility.
• C) need utility.
• D) form utility.
• E) time utility.

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Definitions:

Physical Conduct

Refers to actions or behaviors that involve bodily movements or activities, often considered in legal contexts involving assault or bodily harm.

Collectively Bargain

The process in which workers, through their unions, negotiate with their employers regarding employment terms such as wages, hours, and working conditions.

Independent Contractors

Individuals or entities hired to perform work for another entity as non-employees, responsible for their own taxes and benefits.

Federal Statutory Law

Laws enacted by the United States Congress that must be followed by all states and citizens.