Which of the Following Groups of Customers Are Characterized as Skeptics,who

question 49

Multiple Choice

Which of the following groups of customers are characterized as skeptics,who wait to see whether the product or service will really deliver meaningful benefits ?

• A)innovators
• B)laggards
• C)early majority
• D)late majority
• E)early adopters

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Definitions:

Wage Rate

The amount of compensation or payment in terms of money received by an employee from an employer in exchange for work or services.

Repair People

Professionals specialized in fixing or mending machinery, equipment, or structures to ensure proper function and reliability.

Demand for Labor

The total demand for workers in an economy, which is influenced by wages, productivity, and the overall level of economic activity.

Price of Product

The amount of money required to purchase a good or service, determined by factors like cost of production, competition, and demand.