Which of the Following Statements Best Describes How Adopters Participate

question 49

Multiple Choice

Which of the following statements best describes how adopters participate in the diffusion process?

• A)Early adopters are rarely opinion leaders.
• B)Laggards are the second group of consumers to adopt a new product.
• C)There are three categories of consumers who will adopt computer products.
• D)The dominant characteristic of members of the late majority is skepticism.

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Definitions:

Externality Problem

A situation in which a third party is affected by the consequences of a transaction or activity between others, either positively or negatively.

Private Contract

An agreement between private parties that creates mutual obligations enforceable by law.

Pollution Permits

Tradable permits issued by governments that allow the holder to emit a certain amount of pollution; used to control and reduce environmental harm.

Corrective Taxes

Taxes designed to internalize externalities, typically by charging for negative externalities to correct market outcomes.