Which Category of Adopters Adopt a New Product Because Most

question 131

Multiple Choice

Which category of adopters adopt a new product because most of their friends have already adopted it?

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

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Definitions:

Government Expenditures

Spending by the government on goods, services, and projects to fulfill its various functions, such as infrastructure, education, and defense.

Income Transfers

Payments made without any corresponding contribution of goods or services, such as welfare benefits or grants.

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The government's estimate of revenue and expenditure for a specific fiscal period, reflecting its financial priorities and plans.

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Funds allocated by a national government to maintain and equip its military forces, including costs related to personnel, operations, and procurement of weaponry.