passwella.
Menu

JAMB Commerce 1999 Question 1

Question 1

Production

The conversion of raw materials into finished products creates

  1. A.marginal utility
  2. B.place utility
  3. C.form utility
  4. D.time utility.
Show the answer and explanation

Answer: C (form utility)

Explanation

Changing the form of raw materials into finished goods adds form utility.