{"id":1040,"date":"2017-10-15T21:14:55","date_gmt":"2017-10-15T15:14:55","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/if-the-income-elasticity-for-lobster-is-0-4-a-40-increase-in-income-will-lead-to-a\/"},"modified":"2017-10-15T21:14:55","modified_gmt":"2017-10-15T15:14:55","slug":"if-the-income-elasticity-for-lobster-is-0-4-a-40-increase-in-income-will-lead-to-a","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/if-the-income-elasticity-for-lobster-is-0-4-a-40-increase-in-income-will-lead-to-a\/","title":{"rendered":"If the income elasticity for lobster is 0.4, a 40% increase in income will lead to a:"},"content":{"rendered":"","protected":false},"author":34,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","topic":[61],"subject":[5],"class_list":["post-1040","mcq","type-mcq","status-publish","hentry","topic-quantitative-demand-analysis","subject-managerial-economics"],"mcq_note":"If the income elasticity for lobster is 0.4, a 40% increase in income will lead to a\u00a016% increase in demand for lobster.","mcq_options":[{"right":"no","answer":"10% drop in demand for lobster "},{"right":"yes","answer":"16% increase in demand for lobster "},{"right":"no","answer":"20% increase in demand for lobster "},{"right":"no","answer":"4% increase in demand for lobster "}],"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\/1040","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=1040"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=1040"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=1040"},{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=1040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}