What does the term intellectual property encompass

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Reference no: EM1320112

Q1. Adam partners run a law industry member earn maximum income. The industry's profits equally shared members industry. The industry fixed current expense diminishing average product. Elucidate how industries adjust numbers members; (1) lawyers fee increase; (2) current expense increase?

Q2. Assume you deposit Php 400 every six months for three years that pays 8% nominal interest compounded monthly. Illustrate what would the accumulated amount be?

Q3. Illustrate what does the term "intellectual Property" encompass also why are companies so concerned about protecting it?

Reference no: EM1320112

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