Technology Cycles for Low-Tech Products Follow the Typical U-Curve Pattern

question 102

True/False

Technology cycles for low-tech products follow the typical U-curve pattern cycle of innovation.

---

Definitions:

Simple Effect

The effect of one independent variable at a particular level of another independent variable in a factorial design.

Factorial Research

Factorial research involves experiments that study the effects of more than one independent variable at a time on a dependent variable.

Single-Factor Research

An experimental design involving only one independent variable.

Independent Variable

A variable in an experiment or study that is manipulated or changed to observe its effect on the dependent variable.