Which of the following is true of a diffusion curve?
A) It reflects the time period during which a product was launched.
B) It reflects the total sales of a product in dollar value.
C) It reflects the total sales of a product in percentages.
D) It reflects the percentage of the population who have adopted a product.
E) It reflects the total number of people who have adopted a product.

Question

Quizplus · Accepted Answer

A diffusion curve reflects the percentage of the population who have adopted a product over time. It shows how quickly or slowly a product has been accepted by the market, and helps businesses understand the rate of adoption and potential market saturation.

Which of the Following Is True of a Diffusion Curve