JAMB - Economics (2017 - No. 22)
Changing the structure of a commodity in order to increase its utility is called?
Time utility
form utility
marginal utility
place utility
Giải thích
Form utility refers to the change in the form or structure of a commodity during its manufacturing process in other to increase its utility. For example, a change in the form of raw cotton to clothing material. Cotton in its raw form does not give satisfaction until it is changed to a clothing