The life cycle of a product depends on sales to customers.The shapes of life-cycle curves indicate that most sales occur after the product has been on the market for some time.The concept that some people are attracted to a product early while others buy it only after they see their friends with the product is called the:

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The concept described in the question is related to the diffusion of innovation theory, which explains how new products or ideas spread through different groups or categories of adopters. These categories include innovators, early adopters, early majority, late majority, and laggards. The theory suggests that the timing and speed of adoption depend on the individual characteristics of these groups, such as their risk aversion or social influence. Therefore, option D is the best choice. The other options (A, B, and C) do not accurately describe this concept or are not relevant to the life cycle of a product.

The Life Cycle of a Product Depends on Sales to Customers.The