"Relative Advantage" Is the Degree to Which an Innovation Is

question 8

True/False

"Relative advantage" is the degree to which an innovation is perceived as difficult to understand and
use.

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Definitions:

Assets

Resources owned or controlled by a person or entity that are expected to produce value or economic benefit in the future.

Balance Of Payments

A statement that summarizes a country’s transactions with the rest of the world, including trade, financial transfers, and investments.

Negative Balance

A situation in financial accounts where the amount spent exceeds the amount available or deposited.

Euro

The common currency in most of Western Europe.