Depending on the Length of Time It Takes Them to Adopt

question 46

Multiple Choice

Depending on the length of time it takes them to adopt a new product, people can be divided into five major adopter categories: early adopters, early majority, late majority, laggards, and

• A) late adopters.
• B) non-adopters.
• C) innovators.
• D) middle adopters.
• E) middle majority.

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Definitions:

Normal Selling Price

The usual cost at which goods or services are sold to the public, under regular business conditions without any discount or rebate.

Child Support

Financial payments made by a non-custodial parent to a custodial parent, guardian, or state to support the child’s well-being and living expenses.

Taxable Income

Taxable Income is the portion of an individual's or corporation's income used to determine how much tax is owed to the federal, state, or local government.

Tax Liability

The total amount of taxes owed by an individual, corporation, or other entities to the taxing authority.