Question : Which type of utility is applicable when a carpenter makes a chair from wooden logs ?
Option 1: Form utility
Option 2: Place utility
Option 3: Time utility
Option 4: Service utility
Correct Answer: Form utility
Solution :
It is an example of form utility.
By making modifications and changing a product's form or shape, it is called
"form utility"
is said to raise the value of the product to the consumer.
Hence , the correct option is 1.