Which of the following is not a limitation with the Bass diffusion model?
A) the accuracy of the model declines as you get further away in time from the initial adoption point
B) the accuracy of the model is much lower when competing technologies are being introduced
C) the model assumes that the diffusion of a technology product depends on only supply-side factors
D) the accuracy of the model is much lower when economic shocks are occurring

Question

Quizplus · Accepted Answer

The Bass diffusion model primarily focuses on demand-side factors, such as innovation and imitation, rather than supply-side factors.

Which of the Following Is Not a Limitation with the Bass