Question

Several factors that affect whether a consumer will adopt a new product or not

a. Economic conditions
b. Cultural influences
c. Product features
d. All of the above

Answer 1

Economic conditions, cultural influences, and product features are factors that can affect whether a consumer will adopt a new product or not.

Step-by-step explanation:

Factors that affect whether a consumer will adopt a new product or not include economic conditions, cultural influences, and product features. Economic conditions refer to the overall state of the economy, such as unemployment rates and income levels, which can impact a consumer's purchasing power. Cultural influences encompass societal norms, values, and beliefs that shape consumer attitudes and behaviors. Product features, on the other hand, include attributes like price, quality, and functionality, which can influence a consumer's decision to adopt a new product.