A Snack Vending Machine Located in a University Building That

question 46

Multiple Choice

A snack vending machine located in a university building that students use between classes when hungry creates both __________ utility.

• A)time and place
• B)place and form
• C)form and creation
• D)possession and form
• E)application and place

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Definitions:

ROI

A metric used to evaluate the efficiency or profitability of an investment, comparing net gain to initial cost.

Utility

The usefulness or value that a product, service, or action provides to individuals or organizations.

Indirect Costs

Expenses not directly tied to the production of goods or services, such as administrative overheads.

Developmental Costs

The expenses associated with the creation and implementation of projects, programs, or products, including research, design, and training programs.