Innovators tend to be better off financially than other adopter groups.

Question

Quizplus · Accepted Answer

Innovators are the first group to adopt new products or ideas, and they often have a higher income level and better education compared to the other adopter groups. This may be because they are more willing to take risks and invest in new and unproven technologies or ideas. As the product or idea becomes more established and accepted by the majority, the price tends to decrease and become more accessible to other adopter groups with lower income levels.

Innovators Tend to Be Better Off Financially Than Other Adopter