The factors that augment the diffusion of a good or a service. Introduction: Innovation diffusion refers to the number of customers that use the innovated good in an economy in a given period of time that first increases and then tends to decrease due to which the diffusion curve is a bell-shaped curve.

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Chapter 12.2, Problem 2PC

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To determine: The factors that augment the diffusion of a good or a service.

Introduction: Innovation diffusion refers to the number of customers that use the innovated good in an economy in a given period of time that first increases and then tends to decrease due to which the diffusion curve is a bell-shaped curve.

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