Answer:
D. None of the above.
Explanation:
When there's a change in demand, the demand curve shifts and only quantity demanded changes- it either increases or reduces but price doesn't change. A change in demand is caused by factors that affect a consumer's demand for a good other than the price of the commodity.
Some of the factors that cause a change in demand include:
1. Change in income
2. Change in taste
3. Season
When there's a change in supply, the supply curve shifts and quantity supplied changes but there's no change in price. Change in supply is caused by other factors that affect supply other than price.
Answer:
The answer is d. All of the above are forms of protectable IP
Explanation:
Intellectual Property Protection is protection for inventions, literary and artistic works, symbols, names, and images created by the mind.One can protect their intellectual property by using Patents, Trademarks, Trade Secrets, and Copyrights.
Answer:
False
Explanation:
The first part was true. A higher WACC results in a lower NPV simply because a higher discount rate results in a lower present value.
E.g. 100 / (1 + 6%)³ = 83.96, but if we increase r to 10%, then 100 / (1 + 10%)³ = 75.13
The second part is wrong because under the IRR method, the decision rule is very simple, all projects are accepted if their IRR is higher than the project's WACC (or discount rate). I.e. if hte project's WACC increases, so does the chance of the project being rejected because the IRR might be lower than the WACC.