By making liquid refreshment available when it's needed, a concessionaire selling bottled water at a summer concert is creating place utility.

Name: By making liquid refreshment available when it's needed, a concessionaire selling bottled water at a summer concert is creating place utility.
Brand: Quizplus
Rating: 4.7 (33 reviews)

Question

Quizplus · Accepted Answer

Place utility refers to making a product available at a location where it is needed, not just when it is needed. The scenario describes time utility, as it focuses on availability when needed.

By Making Liquid Refreshment Available When It's Needed, a Concessionaire