{"id":1155,"date":"2017-10-13T10:11:06","date_gmt":"2017-10-13T04:11:06","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/suppose-you-produce-wooden-desks-and-government-legislation-protecting-the-spotted-owl-has-made-it-more-expensive-for-you-to-purchase-wood-what-do-you-expect-to-happen-to-the-equilibrium-price-and-q\/"},"modified":"2017-10-13T10:11:06","modified_gmt":"2017-10-13T04:11:06","slug":"suppose-you-produce-wooden-desks-and-government-legislation-protecting-the-spotted-owl-has-made-it-more-expensive-for-you-to-purchase-wood-what-do-you-expect-to-happen-to-the-equilibrium-price-and-q","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/suppose-you-produce-wooden-desks-and-government-legislation-protecting-the-spotted-owl-has-made-it-more-expensive-for-you-to-purchase-wood-what-do-you-expect-to-happen-to-the-equilibrium-price-and-q\/","title":{"rendered":"Suppose you produce wooden desks, and government legislation protecting the spotted owl has made it more expensive for you to purchase wood. What do you expect to happen to the equilibrium price and quantity of wooden desks?"},"content":{"rendered":"<p>Suppose you produce wooden desks, and government&#8230;.<\/p>\n","protected":false},"author":34,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","topic":[59],"subject":[5],"class_list":["post-1155","mcq","type-mcq","status-publish","hentry","topic-demand-and-supply","subject-managerial-economics"],"mcq_note":"Suppose you produce wooden desks, and government legislation protecting the spotted owl has made it more expensive for you to purchase wood. expect to happen to the equilibrium price and quantity of wooden desks is\u00a0 Price will increase but quantity will decrease.","mcq_options":[{"right":"no","answer":" Price and quantity will increase. "},{"right":"yes","answer":" Price will increase but quantity will decrease. "},{"right":"no","answer":" Price and quantity will decrease. "},{"right":"no","answer":" Price will decrease but quantity will increase. "}],"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\/1155","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=1155"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=1155"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=1155"},{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=1155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}