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Changes in demand—Baby diapers and retirement villages Other things equal, an in
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Changes in demand—Baby 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, data, and scenarios to support your argument.
Which group is growing faster, children under the age of 18 or senior adults (65 and older)? explain
What products might see an increase in demand because of these population changes? Explain in detail use examples and data to support your argument.