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 skeptical and with below average social status are called
A) innovators.
B) early adopters.
C) early majority.
D) late majority.
E) laggards.
Correct Answer:
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