Describe your product. What market are you targeting this product for? What price will you sell your product for? Make projections of your sales in units over each of the upcoming five years. Comment on another student$$s projection, what else can you add to make this projection better?

Suppose a company can replace the packing material it currently uses with a biodegradable packing material.$$ The company believes this move to biodegradable packing materials will be well$-$received by the general public.$$

However, the biodegradable packing materials are more expensive than the current packing materials and the contribution margin ratios of the related products will drop.$$

What are the arguments for the company to use the biodegradable packing materials? What are the arguments for the company to not use the biodegradable materials? What do you think the company should do$?$