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The graph of a function that is increasing at a decreasing rate is concave down.
Diffusion of Innovation
The method through which an innovative concept, item, or practice disperses across a community or societal structure.
Laggards
In the context of diffusion of innovation, laggards are the last group of people to adopt new technology or ideas, often resistant to change and preferring traditional methods.
Risk Barrier
A hurdle or challenge that must be overcome to achieve a goal, often related to uncertainty or potential losses in business or investment.
Diffusion of Innovation
The process by which a new idea, product, or behavior spreads through a population or society.
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