7. Fill out the table below to give an example of each type of utility based on the scenario. Sunglasses in a kiosk in the mall in July; buy one, get one free Christmas wrapping paper in a clearance bin at a craft store in January Hearing aid batteries at the gift shop on a cruise Umbrellas at an outdoor sporting event Firewood bundles at the visitors center at the state park Form Time Possession Place

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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**Utility Types and Scenarios Table**

**Instructions:** Fill out the table below to give an example of each type of utility based on the scenario.

|                             | **Form** | **Time** | **Possession** | **Place** |
|-----------------------------|----------|----------|----------------|-----------|
| **Sunglasses in a kiosk in the mall in July; buy one, get one free** |          |          |                |           |
| **Christmas wrapping paper in a clearance bin at a craft store in January** |          |          |                |           |
| **Hearing aid batteries at the gift shop on a cruise** |          |          |                |           |
| **Umbrellas at an outdoor sporting event** |          |          |                |           |
| **Firewood bundles at the visitors center at the state park** |          |          |                |           |

**Diagrams or Graphs:** None present in this table. 

**Scenario Descriptions:**
1. **Sunglasses**: Available in a mall kiosk during July with a promotional offer.
2. **Christmas Wrapping Paper**: Found in a clearance bin in January.
3. **Hearing Aid Batteries**: Available at a cruise gift shop.
4. **Umbrellas**: Sold at an outdoor sporting event.
5. **Firewood Bundles**: Purchased at a state park visitor center.
Transcribed Image Text:**Utility Types and Scenarios Table** **Instructions:** Fill out the table below to give an example of each type of utility based on the scenario. | | **Form** | **Time** | **Possession** | **Place** | |-----------------------------|----------|----------|----------------|-----------| | **Sunglasses in a kiosk in the mall in July; buy one, get one free** | | | | | | **Christmas wrapping paper in a clearance bin at a craft store in January** | | | | | | **Hearing aid batteries at the gift shop on a cruise** | | | | | | **Umbrellas at an outdoor sporting event** | | | | | | **Firewood bundles at the visitors center at the state park** | | | | | **Diagrams or Graphs:** None present in this table. **Scenario Descriptions:** 1. **Sunglasses**: Available in a mall kiosk during July with a promotional offer. 2. **Christmas Wrapping Paper**: Found in a clearance bin in January. 3. **Hearing Aid Batteries**: Available at a cruise gift shop. 4. **Umbrellas**: Sold at an outdoor sporting event. 5. **Firewood Bundles**: Purchased at a state park visitor center.
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