Answer:
price
Explanation:
Possession utility is the value customers have while buying a product and they have the choice to use the product for the purpose it was made for or finding a new way to use the product.
Buying and selling of anything involves transfer of ownership from one to another. So to be successful in this throat cutting competition one should strategize to make this transfer of possession easy. So possession utility is what lets customer physically asses what they bought.
Answer:
P/E ratio = $14.78
Explanation:
Market value per share = $42
earning per share = $ 2.84
As we know that:
Price earning ratio = market value per share / earning per share
= $42 / 2.84
= $14.78
Price earning ratio is an indicator to investor whether to invest in this company long term or not.
In a way, everyone is completely and equally free when spending their money. However, this could be argued because some have more money than others. You are free to do what you want with the funds available to you.
