Examlex
Metallocene is an innovative plastic used in making films, liners and pipes. It is more durable than any other form of sheet plastic on the market. The first year after the product was introduced its sales totalled $880 million. Analysts have predicted an annual growth of 30 per cent as businesses like food producers discover how well Metallocene wraps and protects their products. Since the demand for Metallocene is dependent on the demand for the products wrapped in it, the demand for Metallocene is:
Sunk Costs
Expenses that have already been incurred and cannot be recovered.
Lack
The state of being without something or not having enough of it.
Understanding
The process of comprehending or grasping the meaning, significance, or nature of something.
Minimize Losses
Minimizing losses involves strategies or actions taken by individuals or businesses to reduce the amount of money or resources lost.
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