Businesses Use Demographic Studies to Understand Where People Live,their Lifestyles,and

True/False

Businesses use demographic studies to understand where people live,their lifestyles,and what they are likely to buy.
Demography is the statistical study of the human population to learn its size,density and characteristics.Since many goods and services appeal to customers with specific demographic characteristics (such as age or income),studying demographic trends can help businesses determine whether the demand for a good is likely to rise or fall.