{"id":1055,"date":"2017-10-15T20:37:26","date_gmt":"2017-10-15T14:37:26","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/suppose-qx-d-10000-2-px-3-py-4-5m-where-px-100-py-50-and-m-2000-what-is-the-own-price-elasticity-of-demand\/"},"modified":"2017-10-15T20:37:26","modified_gmt":"2017-10-15T14:37:26","slug":"suppose-qx-d-10000-2-px-3-py-4-5m-where-px-100-py-50-and-m-2000-what-is-the-own-price-elasticity-of-demand","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/suppose-qx-d-10000-2-px-3-py-4-5m-where-px-100-py-50-and-m-2000-what-is-the-own-price-elasticity-of-demand\/","title":{"rendered":"Suppose QX d = 10,000 – 2 PX + 3 PY – 4.5M , where PX = $100, PY = $50, and M = $2,000. What is the own-price elasticity of demand?"},"content":{"rendered":"","protected":false},"author":34,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","topic":[61],"subject":[5],"class_list":["post-1055","mcq","type-mcq","status-publish","hentry","topic-quantitative-demand-analysis","subject-managerial-economics"],"mcq_note":"Suppose QX d = 10,000 - 2 PX + 3 PY - 4.5M , where PX = $100, PY = $50, and M = $2,000. the own-price elasticity of demand is\u00a0 -0.21.","mcq_options":[{"right":"no","answer":" -2.34 "},{"right":"no","answer":"-0.78"},{"right":"yes","answer":" -0.21"},{"right":"no","answer":"-1.21"}],"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\/1055","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=1055"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=1055"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=1055"},{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=1055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}