Tanvi took umbrella while going out as it started raining. – InterviewSolution

InterviewSolution

1.

Tanvi took umbrella while going out as it started raining.

Answer»

Concept: Time utility.

Explanation : When Utility of a commodity increases during particular time period, it is called time utility.

Tanvi is using umbrella, when it is raining Ans. so, it is an example of time utility.

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