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Reading and Writing

question 131

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Reading and writing 


Definitions:

Profits

Revenue minus total costs.

Early Majority

A group in the technology adoption lifecycle that represents consumers who adopt new technology or products after a new concept has been proven by the innovators and early adopters.

Late Majority

A classification in the technology adoption lifecycle representing consumers who adopt new technology or innovations after the average member of the population.

Adopters

Individuals or entities that begin using a new product or technology, often categorized by their willingness to embrace new innovations.

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