According to the Bass diffusion model, what would the number of adopters in the year be if the rate of adoption by innovators is 0.10 and the rate of adoption by imitators is 0.50, the market size is 20 million, and 5 million customers have adopted the product?
A) 375,000 customers
B) 1,500,000 customers
C) 2,500,000 customers
D) 3,375,000, customers
Correct Answer:
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