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Question
In developed countries, the percentage of the working-age population (using today's standards) is expected to rise by 2050.
Answer
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Which of the following is true about projected demographic changes up to the year 2050 that could affect future production and sales locations?
A) The share of the working population should rise in developed countries and fall in developing countries.
B) The growth in per capita GDP should be higher in today's developing economies than in today's developed economies.
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B) the industry's product is a commodity
C) entry barriers are low for new firms
D) suppliers have little bargaining power