Demand for products 2 Demand for products like store brand Vitamin D Milk are generally considered price inelastic. This means... Quantity demanded increases when price is increased Total revenue decreases when price is decreased Total revenue increases when price is increased Quantity demanded decreases when price is decreased Total revenue increases when price is increased are both correct Total revenue decreases when price is decreased NPV is 13 Project M has a 10 year life span and you, as the consultant, are looking at its NPV worksheet. Which of these is the correct way of calculating the Discount Rate for Year 8. ecc is the cost of capital for the project. All the other 4 answers are incorrect. 1/ (1+3CC) (1+1CC) B 1/ (1+3CC) -8 (1+CC)