The Largest Numbers of Product Adopters with Respect to the Diffusion

question 244

Multiple Choice

The largest numbers of product adopters with respect to the diffusion of innovation are found among

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

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Definitions:

Modigliani

Refers to Franco Modigliani, an economist known for his work on the Modigliani-Miller theorem, which addresses the valuation of stocks and corporate taxes.

Miller

Miller refers to the Miller Modigliani theorem or Miller's theory, which deals with the capital structure of a company and the relationship between the return required by investors and the company's equity and debt.

Tax Shield

A reduction in taxable income for an individual or corporation achieved through claiming allowable deductions such as mortgage interest, medical expenses, or depreciation.

Bankruptcy Costs

Expenses associated with the process of declaring bankruptcy, including legal, administrative, and direct costs.