The Speed with Which a New Product Will Proceed Through

question 54

Multiple Choice

The speed with which a new product will proceed through the product adoption process is affected by all of the following factors EXCEPT:

• A)relative advantage.
• B)price.
• C)compatibility.
• D)complexity.

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Definitions:

Household Income

The combined gross income of all members of a household, which can include wages, salaries, pension, and other forms of income.

United States

A country in North America known for being the world's largest economy, with a federal system of government.

Discrimination

The practice of according individuals or groups inferior treatment in hiring, occupational access, education and training, promotion, wage rates, or working conditions even though they have the same abilities, education, skills, and work experience as other workers.

Labor Force

The total number of people employed or actively seeking employment in an economy or specific labor market.