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

Correct Answer:

Option B – form utility

Explanation

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