{"id":1028,"date":"2017-10-15T22:26:08","date_gmt":"2017-10-15T16:26:08","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/the-demand-for-video-recorders-has-been-estimated-to-be-qv-134-1-07pf-based-on-the-estimated-demand-equation-we-can-conclude\/"},"modified":"2017-10-15T22:26:08","modified_gmt":"2017-10-15T16:26:08","slug":"the-demand-for-video-recorders-has-been-estimated-to-be-qv-134-1-07pf-based-on-the-estimated-demand-equation-we-can-conclude","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/the-demand-for-video-recorders-has-been-estimated-to-be-qv-134-1-07pf-based-on-the-estimated-demand-equation-we-can-conclude\/","title":{"rendered":"The demand for video recorders has been estimated to be QV = 134 &#8211; 1.07PF + &#8230; Based on the estimated demand equation we can conclude:"},"content":{"rendered":"<p>The demand for video recorders has been estimated to be QV = 134 &#8211; 1.07PF + 46PM -2.1PV &#8211; 5I, where QV is the quantity of video recorders, PF denotes the price of video recorder film, PM is the price of attending a movie, PV is the price of video recorders, and I is income. Based on the estimated demand equation we can conclude:<\/p>\n","protected":false},"author":34,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","topic":[61],"subject":[5],"class_list":["post-1028","mcq","type-mcq","status-publish","hentry","topic-quantitative-demand-analysis","subject-managerial-economics"],"mcq_note":"The demand for video recorders has been estimated to be QV = 134 - 1.07PF + 46PM -2.1PV - 5I, where QV is the quantity of video recorders, PF denotes the price of video recorder film, PM is the price of attending a movie, PV is the price of video recorders, and I is income. Based on the estimated demand equation we can conclude\u00a0Video recorders are inferior goods.","mcq_options":[{"right":"yes","answer":"Video recorders are inferior goods "},{"right":"no","answer":"Video recorder film is a substitute for video recorders "},{"right":"no","answer":"The demand for video recorders is inelastic "}],"multi_answers":"no","subject_terms":[{"id":5,"title":"Managerial Economics","slug":"managerial-economics"}],"topic_terms":[{"id":61,"title":"Quantitative Demand Analysis","slug":"quantitative-demand-analysis"}],"_links":{"self":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq\/1028","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq"}],"about":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/types\/mcq"}],"author":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/comments?post=1028"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=1028"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=1028"},{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=1028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}