{"id":1043,"date":"2017-10-15T21:09:36","date_gmt":"2017-10-15T15:09:36","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/suppose-the-demand-function-is-qx-d-100-8px-6py-m-if-px-4-respect-to-the-price-of-good-y\/"},"modified":"2017-10-15T21:09:36","modified_gmt":"2017-10-15T15:09:36","slug":"suppose-the-demand-function-is-qx-d-100-8px-6py-m-if-px-4-respect-to-the-price-of-good-y","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/suppose-the-demand-function-is-qx-d-100-8px-6py-m-if-px-4-respect-to-the-price-of-good-y\/","title":{"rendered":"Suppose the demand function is QX d = 100 &#8211; 8PX + 6PY &#8211; M. If PX = $4, &#8230; respect to the price of good y?"},"content":{"rendered":"<p>Suppose the demand function is QX d = 100 &#8211; 8PX + 6PY &#8211; M. If PX = $4, PY = $2, and M = $10, what is the cross-price elasticity of good x with respect to the price of good y?<\/p>\n","protected":false},"author":34,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","topic":[61],"subject":[5],"education_level":[],"class_list":["post-1043","mcq","type-mcq","status-publish","hentry","topic-quantitative-demand-analysis","subject-managerial-economics"],"mcq_note":"Suppose the demand function is QX d = 100 - 8PX + 6PY - M. If PX = $4, PY = $2, and M = $10, the cross-price elasticity of good x with respect to the price of good y is\u00a0 0.17.","mcq_options":[{"right":"yes","answer":" 0.17"},{"right":"no","answer":" 0.38"},{"right":"no","answer":"0.21"},{"right":"no","answer":" 0.04 "}],"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\/1043","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=1043"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=1043"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=1043"},{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=1043"},{"taxonomy":"education_level","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/education_level?post=1043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}