A city's government implements a new policy to provide subsidies for homeowners to install rooftop solar panels. The stated goal is to increase the adoption of renewable energy. An economist argues, 'This policy will be most effective in neighborhoods where residents frequently discuss home improvements and where there is high visibility of existing solar installations.' Which of the following principles, if true, would most strengthen the economist's argument?
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A
Technological innovations are most rapidly adopted when their initial cost is low.
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B
Government subsidies are generally ineffective at changing long-term consumer behavior.
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C
The adoption of new products is often driven by social proof and peer effects, where individuals are influenced by the observable actions of others.
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D
Homeowners are primarily motivated by long-term financial savings when making decisions about home improvements.