Answer:
Economic utility refers to the satisfaction or utility that a person receives when they consume (use) a product. A will use an apple for this question.
Explanation:
A) Form utility refers to how well a product satisfies specific customer's needs. In this case by consuming an apple I properly satisfy my need for food and a healthy nutrition.
B) Place utility refers to how much customers value where the product is being sold or how they are receiving the product they purchased. I bought my apply at a local grocery store which is close to my house, so I positively value the place utility of my apple.
C) Time refers to how the supplier of apples manages the time it takes for me to be able to buy my apple. Since apples grow on trees, the producer picks it up and then it travels through a long distribution chain until it reached the local grocery store. If the apple is fresh, not rotten, than all that work was properly done.
D) Possession utility refers to the uses I can possibly give an apple, since it's only an apple I believe all I can do is eat it or give it to someone else, ans that person will eat it.
E) Information utility refers to how the apple supplier or grocery store convinced me of buying the apple. Since it is only an apple, I guess the only possible option would a sales promotion of 2 apples for the price of 1, or a fruit combo.
F) If the suppliers wanted to improve the economic utility of apples, then they should try to make them taste better, or have more vitamins and minerals. Probably they could genetically alter apples to make them healthier, although genetically modified foods are not considered very healthy.
