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Read the scenario.
The state of Maine has the oldest population in the United States, with a median age of about 45. Nearly one in five people in Maine are senior citizens. Most senior citizens there are retirees.
How does this situation affect businesses in Maine?
Businesses have more options when choosing what to produce.
Businesses must offer higher wages and benefits to attract workers.
Businesses have difficulty finding customers for their goods and services.
Businesses must make smart choices about the resources they purchase.
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