The benefits or customer value received by users of a product is called
A) utility.
B) synergy.
C) consumerism.
D) cost-benefit ratio.
E) customer lifetime value.

Name: The benefits or customer value received by users of a product is called A) utility. B) synergy. C) consumerism. D) cost-benefit ratio. E) customer lifetime value.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Utility refers to the benefits or satisfaction that consumers receive from using a product or service.

The Benefits or Customer Value Received by Users of a Product