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form, place, time, possession, and information

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Q: What are the five economic utilities?
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Describe the five principal types of economic utility that add value to a product or service which of those utilities are provided by logistics?

types of economic utility is that production among them?


What are Economic utilities created by business activities?

Form, time, place, possession, and information are all utilities crreated through economic decisions, for example, we create new products from the resources provided to us naturally.


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