{"id":1096,"date":"2017-10-15T10:53:14","date_gmt":"2017-10-15T04:53:14","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/given-a-linear-demand-function-of-the-form-qx-d-500-2px-3py-0-01m-find-the-inverse-linear-demand-function-assuming-m-20000-and-py-10\/"},"modified":"2017-10-15T10:53:14","modified_gmt":"2017-10-15T04:53:14","slug":"given-a-linear-demand-function-of-the-form-qx-d-500-2px-3py-0-01m-find-the-inverse-linear-demand-function-assuming-m-20000-and-py-10","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/given-a-linear-demand-function-of-the-form-qx-d-500-2px-3py-0-01m-find-the-inverse-linear-demand-function-assuming-m-20000-and-py-10\/","title":{"rendered":"Given a linear demand function of the form QX d = 500 – 2PX – 3PY + 0.01M, find the inverse linear demand function assuming M = 20,000 and PY = 10."},"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-1096","mcq","type-mcq","status-publish","hentry","topic-demand-and-supply","subject-managerial-economics"],"mcq_note":"Given a linear demand function of the form QX d = 500 - 2PX - 3PY + 0.01M, find the inverse linear demand function assuming M = 20,000 and PY = 10.ans:PX = 335 - 0.5QX.","mcq_options":[{"right":"no","answer":"PX = 500 - 2QX - 3PY + 0.01M. "},{"right":"yes","answer":"PX = 335 - 0.5QX. "},{"right":"no","answer":"PX = 335 - 2QX. "},{"right":"no","answer":"PX = 500 - 2QX. "}],"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\/1096","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=1096"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=1096"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=1096"},{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=1096"},{"taxonomy":"education_level","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/education_level?post=1096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}