1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
EastWind [94]
3 years ago
10

Charles was the last person on his block to purchase a color television set, and that was in the 1980s. He just couldn't see the

reason to purchase a new color television if his old one was working just fine. He finally purchased one because his old TV stopped working. In terms of adopter categories, Charles would be classified as a(n) _____.
Business
1 answer:
dezoksy [38]3 years ago
3 0

Answer:

Charles is classified in the adopter category called "Latecomers"

Explanation:

Latecomers are traditional consumers. For them, buying a new product brings a feeling of extreme psychological discomfort. They do not like news, even flee from it, and consider it immature to buy an innovative article in the market.

Latecomers represent 16% of consumers, are insecure to adopt new things, do not like to try new things and do not follow fads. Being traditionalists, they always perform the same way and only adopt innovation when there is no other alternative. Like Charles, who only bought the color TV because his old tv stopped working.

You might be interested in
"if i didn't have class tonight, i would save the $4 campus parking fee and spend four hours at work where i earn $10 per hour."
bixtya [17]
Opportunity Cost = It is the cost that is to be sacrificed for achieving something else.  
Given: - 
Campus parking fess (class) = $4 
Income earned through working for 4 hours in place of attending class = $40 ($10/hr) 
 Solution: -  
Opportunity cost of attending class = $4 + $40 = $44.
3 0
3 years ago
The businessman has to be concerned with who's buying this?what need am I satisfying agree or disagree or undecided
eduard

Answer:

agree 100% hope it helps

3 0
3 years ago
Which of the following statements about the impact of scarcity in every economic system is correct?
tia_tia [17]

Answer:

A

Explanation:

7 0
3 years ago
How do the relative position of the earth moon and sun impact the moon phases​
V125BC [204]

Moon phases are what of the moon we can see from Earth. Lunar tides are caused by the moon's gravity pulling on the water on Earth. High tide occurs when the moon is directly in line with the body of water in question. Lunar eclipses are caused by the shadow of the Earth as it passes in between the sun and the moon

4 0
3 years ago
Calculate a company's total leverage given the following information:
Morgarella [4.7K]

Explanation:

Given that,

Change in sales = 3%

Change in earnings = 9%

We need to find a company's total leverage.

Total leverage is equal to the ratio of percentage change in earnings per share to percentage change in sales revenue.

\text{leverage }=\dfrac{9\%}{3\%}\\=3

Hence, company's total leverage is 3 units.

4 0
3 years ago
Other questions:
  • Which is an example of a withholding you might see on your paystub.
    10·1 answer
  • Hisaoki picks up the local newspaper and reads a stinging letter to the editor criticizing his beverage company for supporting a
    12·1 answer
  • This type of networking includes developing coalitions within the organization. These relationships should be developed upwards
    9·1 answer
  • Highland Industries makes custom yachts using a job cost accounting system. In anticipation of a busy year for 2019, Highland’s
    13·1 answer
  • Elise, an emergency medical technician renders aid to a participant in Forest Trail Marathon, an athletic event. Regarding a sui
    6·1 answer
  • Aside from an associates degree what else can earn at a two year college
    10·2 answers
  • ""The question remains: How many guns are necessary to maintain a high level of security for the U.S., and how much butter can t
    12·1 answer
  • Opera Estate Girls' School is considering increasing its tuition to raise revenue.
    5·1 answer
  • A bond with face value $1,000 has a current yield of 6% and a coupon rate of 8%. a. If interest is paid annually, what is the bo
    5·1 answer
  • An economy's production possibilities frontier:​ Select one:
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!