Changing the structure of a commodity in order to increase its utility is called?

  • A Time utility
  • B form utility
  • C marginal utility
  • D place utility

The correct answer is B. form utility

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

Previous question Next question