Which of the Following Statements Is True of Laggards

question 62

Multiple Choice

Which of the following statements is true of laggards?

• A) They make up the largest customer segment for any business.
• B) They tend to enter the market frequently during the decline stage.
• C) They do not like waiting too long for new technology to release.
• D) They are customers who adopt a new product even if it is not necessary.

---

Definitions:

Tax Rate

The percentage at which an individual or corporation is taxed, which can vary depending on income level, type of good, or service.

Government Spending

Government Spending encompasses all expenditure by government bodies and agencies, including investments, public services, and defense spending.

Aggregate Supply Curve

An illustrative depiction that exhibits the connection between total economic output and the general price level.

Real GDP

Real Gross Domestic Product measures the value of all final goods and services produced within a country's borders in a specific time period, adjusted for inflation.