{"id":1092,"date":"2017-10-15T11:00:22","date_gmt":"2017-10-15T05:00:22","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/suppose-the-market-demand-for-good-x-is-given-by-qx-d-20-2px-if-the-equilibrium-price-of-x-is-5-per-unit-then-consumers-expenditure-on-x-is\/"},"modified":"2017-10-15T11:00:22","modified_gmt":"2017-10-15T05:00:22","slug":"suppose-the-market-demand-for-good-x-is-given-by-qx-d-20-2px-if-the-equilibrium-price-of-x-is-5-per-unit-then-consumers-expenditure-on-x-is","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/suppose-the-market-demand-for-good-x-is-given-by-qx-d-20-2px-if-the-equilibrium-price-of-x-is-5-per-unit-then-consumers-expenditure-on-x-is\/","title":{"rendered":"Suppose the market demand for good X is given by QX d = 20 – 2PX. If the equilibrium price of X is $5 per unit then consumers’ expenditure on X is"},"content":{"rendered":"","protected":false},"author":34,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","topic":[59],"subject":[5],"education_level":[],"class_list":["post-1092","mcq","type-mcq","status-publish","hentry","topic-demand-and-supply","subject-managerial-economics"],"mcq_note":"Suppose the market demand for good X is given by QX d = 20 - 2PX. If the equilibrium price of X is $5 per unit then consumers' expenditure on X is $50.","mcq_options":[{"right":"no","answer":"$5"},{"right":"no","answer":"$25"},{"right":"yes","answer":"$50"},{"right":"no","answer":"cannot be determined from the information contained in the question. "}],"multi_answers":"no","subject_terms":[{"id":5,"title":"Managerial Economics","slug":"managerial-economics"}],"topic_terms":[{"id":59,"title":"Demand and Supply","slug":"demand-and-supply"}],"_links":{"self":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq\/1092","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=1092"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=1092"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=1092"},{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=1092"},{"taxonomy":"education_level","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/education_level?post=1092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}