The adoption curve shows the stages of the product life cycle.

Name: The adoption curve shows the stages of the product life cycle.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The adoption curve describes the process by which new products or technologies are adopted by consumers, categorizing them into segments like innovators, early adopters, early majority, late majority, and laggards, whereas the product life cycle stages typically include introduction, growth, maturity, and decline.

The Adoption Curve Shows the Stages of the Product Life