______ utility is created when the business firm converts raw materials into finished goods and services.
A) Place
B) Exchange
C) Ownership
D) Form

Question

Quizplus · Accepted Answer

Form utility is created when raw materials are transformed into finished goods or services. This involves adding value to the product by processing or manufacturing it, making it more appealing and useful to consumers. Place, Exchange, and Ownership utility are unrelated to the process of converting raw materials into finished goods.

______ Utility Is Created When the Business Firm Converts Raw