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AlekseyPX
3 years ago
5

As product adopters in the diffusion of innovation, members of the early majority Group of answer choices

Business
1 answer:
Luden [163]3 years ago
7 0

Answer:

The correct answer is letter "B": are deliberate and use many informal social contacts.

Explanation:

Sociologist and Professor E.M. Rogers (1931-2004) proposed The Diffusion of Innovations Theory which is a concept that relates several consumers' factors with the time they take to adopt technological innovation. Those influential factors are individuals' opinions and the rate at which they can interact with the innovation. According to the theory, consumers can be classified into five (5) groups:

  • Innovators: <em>venturesome, higher educated, use multiple information sources. </em>
  • Early adopters:<em> leaders in a social setting, slightly above average education. </em>
  • Early majority:<em> deliberate, many informal social contacts. </em>
  • Late majority:<em> skeptical, below-average social status. </em>
  • Laggards:<em> fear of debt neighbors and friends are information sources.</em>
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Answer:

Complementary goods are goods that are consumed together

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Because jelly and peanut butter are complements, an increase in the supply leads to an increase in the supply of peanut butter.

the supply curve of peanut butter shifts outward also. As a result of the rightward shift, price decreases and quantity increases.

Explanation:

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3 years ago
Suppose that there are two industries, A and B. There are five firms in industry A with sales at $5 million, $2 million, $1 mill
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Answer:

0.9

Explanation:

The formula to compute the four-firm concentration ratio is shown below:

= (Total firm sales of industry A) ÷ (Total firm sales of industry B)

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And, the total firm sales of industry B would be

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3 years ago
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Answer:

The special fund established by the legislature to help compensate victims of real estate licensee fraud is the:  Recovery Account

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3 years ago
Jim Jones, the landlord, rents a property to Tom Smith, a physically disabled person. Mr. Smith, with Mr. Jones' permission, mod
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Answer:

restore the wide doorways, that were installed for his wheelchair, to the original size.

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When a tenant leaves a property, he must restore it to the same state as when he entered it. But some exceptions may apply:

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2 years ago
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3 years ago
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