Figure 10-5 -The Consumers Represented by D in Figure 10-5 Above Are

question 217

Multiple Choice

Figure 10-5
-The consumers represented by D in Figure 10-5 above are called

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

---

Definitions:

Credit Period

The duration of time allowed by a seller to the buyer to pay for the goods or services received, without incurring any additional costs.

Probability of Default

The likelihood that a borrower will fail to meet their debt obligations.

Consumer Credit

A type of personal loan that allows individuals to purchase goods or services with the promise to pay for them later.