With diffusion of innovation:
A.
once a product enters the market, very similar products will enter within a very short period of time.
B.
one new product will produce ancillary product invention (e.g., video cassettes created a market for cassette holders).
C.
not all consumers accept a new product at the same time because adoption of a product spreads slowly throughout the population.
D.
product changes by one competitor lead to similar product changes by another competitor.

The correct response is c. not all consumers accept a new product at the same time because adoption of a product spreads slowly throughout the population.

The term "population" usually refers to the total number of people living in a certain area, such as a city or town, region, nation, continent, or the entire world. Governments frequently use censuses, a procedure for gathering, analyzing, compiling, and releasing statistics regarding a population, to determine the size of the resident people within their jurisdiction. The countries with the largest populations are China, India, the US, Indonesia, and Pakistan. More than 100 million people live in fourteen (14) countries. A population is described as a collection of people who belong to the same species and cohabit a particular area. In order to survive throughout time, members of a population frequently rely on the same resources, are susceptible to the same environmental restrictions, and depend on the availability of other members.

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