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30-01-2020
Social Studies

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Sam needed a new pair of bicycle pedals as the pedals of his bicycle had cracks in them. After visiting several stores to find the right ones, he purchased a pair from a local store, All Things Sports, and was satisfied that his needs were met. Which of the following best describes the type of value Sam received?

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31-01-2020

Answer:

Utilitarian value

Explanation:

Utilitarian value is the value derived from a good or service that helps and individual accomplish a task or solve problems. Sam needed new pedals for his bicycle, without it, cycling will be difficult. Thus getting a new pair of pedal will solve that problem and help him utilize his bicycle with ease. The value Sam gets for purchasing the pair of pedals is a utilitarian value.

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