One of the Characteristics That Influence the Rate of Adoption

question 11

Essay

One of the characteristics that influence the rate of adoption is divisibility. What is meant by divisibility and how could it speed or slow the adoption of new mobile phone products?

---

Definitions:

Market Maker

A firm or individual that actively quotes both a buy and sell price in a financial market, providing liquidity and facilitating trading.

Total Profit

The overall financial gain made by a business after subtracting all costs from the total revenue.

Maximum Profit

The highest possible financial gain achievable from business activities, after deducting all related expenses.

Market Maker

A firm or individual that actively quotes two-sided markets, providing liquidity and stability by being prepared to buy or sell at publicized prices.