Early Adopters Are Those Consumers Who Generally Wait for Others

question 45

True/False

Early adopters are those consumers who generally wait for others to buy a new technology before they make use of it.

Grasp various pricing strategies firms use to influence market acceptance and sales.

Appreciate the role of distribution systems in product availability.

Understand the concept of price elasticity and its significance in product pricing.

Know the strategic benefits and implications of product line extensions and development.

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