By 2040, Americans Aged 65 and Above Are Expected to Reach

question 38

Multiple Choice

By 2040, Americans aged 65 and above are expected to reach of the population.

• A) 13 percent
• B) 20 percent
• C) 10 percent
• D) 42 percent
• E) 36 percent

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Definitions:

High-Learning Products

Products that take longer for consumers to see the benefits of or that do not have a good infrastructure in place to support them.

Infrastructure

The basic physical and organizational structures and facilities (e.g., buildings, roads, power supplies) needed for the operation of a society or enterprise.

Trialability

Refers to the degree to which an innovation can be experimented with on a limited basis before its full-scale adoption.

Free Samples

Products given to consumers free of charge to introduce new offerings and encourage trial and purchase.