Question
Changes in demandBaby diapers and retirement villages Other things equal, an increase in the number of buyers for a product or service will increase -demand.
Changes in demandBaby diapers and retirement villages Other things equal, an increase in the number of buyers for a product or service will increase -demand. Baby diapers and retirement villages are two -products designed for different population groups. The U.S. Census Bureau Web site, http://www.census.gov/population/projections/ or http://www.census.gov/population/www/projections/index.html,Links to an external site. shows population projections for the United States. View the population projections for the United States for the next few years (2017 National Population Projections Tables: Alternative Scenarios-Summary Tables, Table 4).Use real world examples and scenarios to support your argument.
- Which group is growing faster, children under the age of five or senior adults (65 and older)?
- What products might see an increase in demand because of these population changes?
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