Multiple Choice
The concept of the diffusion of innovation shows how a product "diffuses" or spreads through the population over time. The consumer population is divided into five categories of product adopters based on when they adopt (i.e., first buy) a new product. Each product adopter category has a unique profile. Consumers who are leaders in social settings and have slightly above average education are called
A) innovators.
B) early adopters.
C) early majority.
D) late majority.
E) laggards.
Correct Answer:

Verified
Correct Answer:
Verified
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