managerial economics_11 - 3. Which country would you expect...

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III. Case Study- 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 www.census.gov/population/international provides population pyramids (graphs that show the distribution of population by age and sex) for countries for the current year, 2025, and 2050. Attached are the population pyramids for Brazil, Canada, and Japan. . 1. Which country would you expect to have the greatest percentage increase in demand for baby diapers in the year 2050? Canada 2. Which country would you expect to have the greatest percentage increase in demand for retirement villages? Brazil
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Unformatted text preview: 3. Which country would you expect to have the greatest absolute increase in demand for baby diapers? Canada 4. Which country would you expect to have the greatest absolute increase in demand for retirement villages? Brazil * Baby diapers : Target to 0-4 years old 2011 2050 Absolute Percentage Brazil 17870863 15094187-2776676-15.54% Canada 1736143 2002416 266273 15.34% Japan 5609321 3697336-1911985-34.09% * Retirement villages : Target to over 60 years old 2011 2050 Absolute Percentage Brazil 20481519 65258427 44776908 218.62% Canada 7471210 13314840 5843630 78.22% Japan 39938753 49306962 9368209 23.46%-Presented numbers under 2011, 2050 are the Midyear Population by Age in year 2011, 2050. -Absolute = ΔPopulation -Percentage =ΔPopulation / population in 2011...
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