When a company turns out ornaments in time for Christmas, this is an illustration of ownership utility.

Name: When a company turns out ornaments in time for Christmas, this is an illustration of ownership utility.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This is an illustration of time utility, as it involves providing goods at a time when they are wanted or needed by consumers. Ownership utility refers to the value added by transferring a product's ownership from one party to another.

When a Company Turns Out Ornaments in Time for Christmas