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WAEC Commerce 1992 Question 74

Question 74

Marketing

Which of the following is not a basic utility created by marketing?

  1. A.Time
  2. B.Ownership
  3. C.Place
  4. D.Possession
  5. E.Form
Show the answer and explanation

Answer: E (Form)

Explanation

Changing raw materials into a new form is done by production; marketing adds time, place and ownership (possession) utility.