Microeconomics 18th Edition by Campbell McConnell, Stanley Brue, Sean Flynn

Exercise 18

CHANGES IN DEMAND-BABY DIAPERS AND RETIREMENT VILLAGES Other things equal, an increase in thenumber 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, www.census.gov/ipc/www/idb, provides population pyramids (graphs that show the distribution of population by age and sex) for countries for 2000, 2025, and 2050. View the population pyramids for Mexico, Japan, and the United States by selecting International Data Base and then Population Pyramids. Which country do you think will have the greatest percentage increase in demand for baby diapers between 2000 and 2050 For retirement villages Which country do you think will have the greatest absolute increase in demand for baby diapers For retirement villages