Question: Based on census statistics, the average household size in the United States has decreased from 3.4 persons in 1950 to 2.5 persons in 2020. At

Based on census statistics, the average household size in the United States has decreased from 3.4 persons in 1950 to 2.5 persons in 2020. At the same time, population gets older and families have fewer children. What specific implications will these changes have for manufacture and marketers of consumer goods? Please provide some examples of products that may face changes in demands or difficulty in marketing.

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