Which of the Following Is a Similarity Between Early Adopters

question 10

Multiple Choice

Which of the following is a similarity between early adopters and the early majority?

• A)Both have the potential to become opinion leaders.
• B)Both rely on group norms and values.
• C)Both desire to earn the respect of others.
• D)Both are influenced by advertising and promotions.

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Definitions:

Setup Cost

The cost to prepare a machine or process for production.

Clearance Priced

Items sold at a significant discount to clear inventory, often due to overstock or the discontinuation of specific products.

Demand Level

The quantity of a product or service that consumers are willing and able to purchase at various prices during a specified time period.