How can Composer dependencies requiring a PHP version ">= 8.0.2" be addressed when running PHP 7.4.33?

When Composer dependencies require a PHP version ">= 8.0.2" but you are running PHP 7.4.33, you can address this issue by updating your PHP version to meet the requirements of the dependencies. If updating PHP is not an option, you can try to find alternative dependencies that are compatible with your current PHP version.

// No code snippet provided since updating PHP version is the recommended solution.