Many healthcare companies are making adaptations to meet the needs of aging population as the demand for medical services and products such as diabetes supplies increases. this change in marketing strategy is best explained by a change in demographics

Many healthcare companies are making adaptations to meet the needs of aging population as the demand for medical services and products such as diabetes supplies increases. This change in marketing strategy is best explained by a change in demographics

Explanation:

Demographics consist of more than the gender and age of consumers. It represents a change in the properties of a population during the years which experts can measure. This change can include fluctuation of the number of individuals from an ethnic group, gender ratio, or many other attributes such as in this case, age ratio.

answerboth the short run phillips curve and the aggregate demand and aggregate supply model