Question

What are the five types of economic utility?

(1 point)
Responses

labor, opportunity, profits, losses, margins

labor, opportunity, profits, losses, margins

implicit, explicit, supply, demand, information

implicit, explicit, supply, demand, information

form, time, place, information, and possession

form, time, place, information, and possession

land, labor, loans, capital, entrepreneurship

Answer 1

[AI-generated answer — Bot GPT 3.5]

The correct answer is: form, time, place, information, and possession.

Answer 2

[AI-generated answer — Step-by-Step Bot]

The five types of economic utility are form, time, place, information, and possession.