Studies have shown that ideas and innovations are diffused through the economy in a pattern that resembles a slanted "M-shaped curve."

Question

Quizplus · Accepted Answer

Studies on the diffusion of ideas and innovations through the economy typically describe an "S-shaped curve," not an "M-shaped curve." This S-shaped curve reflects the slow initial adoption, followed by rapid growth, and then a leveling off as the innovation reaches saturation.

Studies Have Shown That Ideas and Innovations Are Diffused Through