{"id":1059,"date":"2017-10-15T20:27:16","date_gmt":"2017-10-15T14:27:16","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/if-the-absolute-value-of-the-own-price-elasticity-of-steak-is-0-4-a-decrease-in-price-will-lead-to\/"},"modified":"2017-10-15T20:27:16","modified_gmt":"2017-10-15T14:27:16","slug":"if-the-absolute-value-of-the-own-price-elasticity-of-steak-is-0-4-a-decrease-in-price-will-lead-to","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/if-the-absolute-value-of-the-own-price-elasticity-of-steak-is-0-4-a-decrease-in-price-will-lead-to\/","title":{"rendered":"If the absolute value of the own-price elasticity of steak is 0.4, a decrease in price will lead to:"},"content":{"rendered":"","protected":false},"author":34,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","topic":[61],"subject":[5],"class_list":["post-1059","mcq","type-mcq","status-publish","hentry","topic-quantitative-demand-analysis","subject-managerial-economics"],"mcq_note":"If the absolute value of the own-price elasticity of steak is 0.4, a decrease in price will lead to\u00a0A reduction in total revenue.","mcq_options":[{"right":"yes","answer":"A reduction in total revenue"},{"right":"no","answer":" An increase in total revenue"},{"right":"no","answer":"No change in total revenue "},{"right":"no","answer":"None of the statements associated with this question are correct "}],"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\/1059","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=1059"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=1059"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=1059"},{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=1059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}