Answer :

Transportation adds time and place utility to a product by moving it from where it is made to where it is purchased and utilized.

Transportation in economics is the study of movement of people and goods over space and time. It ensures the proper allocation of resources to meet the needs of the society as a whole and also opens up several opportunities for expansion of the market. A good transportation service can do a lot in terms of broadening the market for commodities. It also benefits remote regions that do not have the geographical conditions to sustain themselves. Many regions suffer from low produce due to harsh weather conditions and in such a case, transportation helps allocation of products to these areas as well.

To learn more about Time and Place Utility: https://brainly.com/question/14753862

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