Experts Predict That in the U

question 26

Multiple Choice

Experts predict that in the U.S.the population reaching elder status (senior citizens of 65 years and older) will swell to about ________ million by 2030.

• A)25
• B)15
• C)70
• D)50
• E)85

---

Definitions:

Substitute

An alternative product or service that a consumer can choose over another, often influencing competitiveness and market dynamics.

Threat

Any circumstance or event with the potential to cause harm to a system, organization, individual, or property.

Buyer Power

The influence that customers have over a company, including their ability to drive prices down or demand higher quality products and services.

Buyers

Individuals or entities that purchase goods or services for personal use, resale, or use in production or operations.