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Describe the product form utility

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Reference no: EM131862742

Pick a product that is currently being sold, and analyze its economic utility, using the questions below.

a. Describe the product's form utility. Is it good, or bad? Explain.

b. Describe the product's place utility. Is it good, or bad? Explain.

c. Describe the product's time utility. Is it good, or bad? Explain.

d. Describe the product's possession utility. Is it good, or bad? Explain.

e. Describe the product's information utility. Is it good, or bad? Explain.

f. Describe at least one way the company could improve the economic utility of this product.

Reference no: EM131862742

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