Education goal: graduate high school as a junior, career related goal: eventually get a stable job in the medical field, lifestyle related goal be 100% happy with who i am i’m about 80% :)
Answer:
<u>Laggards are in the late 16 % of the cycle of adoption of the technology.</u>
Explanation:
- As technology adoption is a sociological model that is based on the acceptance of the newer product or innovation that defines the demographic characteristics.
- Innovators, early adopters, early majority and late majority and laggards are all the demographic and psychological group of people that adopt the model based on the consideration as the flip phone are rarely available and they tend to have lower demands in the market hence only fewer companies keep those models.
- Even though selling them at a lower price they are taken up by laggards as these are ones that usually take the flip phones based on their perception and the trends in the market.
There’s not a link and also just, what?
Answer:
c. capital goods and durable consumer goods.
Explanation:
Usually when we say business cycle fluctuations, we mean situations such as economic booms and then economic recession periods.
During Economic Booms capital goods and durable consumer goods which are usually expensive to purchase gets increase in demand as the consumers are buoyant economically to get such. For instance, buying houses, vehicles and expensive jewelry increases in demand during economic booms
During Economic Recessions the purchasing power of citizens reduce in the economy, hence, the ability to splurge on capital goods and durable consumer goods reduce.
For others such as clothing and education, military goods and capital goods and services and non-durable consumer goods, they are usually in demand goods and some what necessities that are fairly unaffected by economic booms and recessions.
An economic system<span> is a </span>system<span> of production, resource allocation, and distribution of goods and services within a society or a given geographic area</span>