{"id":944,"date":"2017-10-22T10:30:31","date_gmt":"2017-10-22T04:30:31","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/suppose-a-consumer-with-an-income-of-100-who-is-y-vertical-axis\/"},"modified":"2017-10-22T10:30:31","modified_gmt":"2017-10-22T04:30:31","slug":"suppose-a-consumer-with-an-income-of-100-who-is-y-vertical-axis","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/suppose-a-consumer-with-an-income-of-100-who-is-y-vertical-axis\/","title":{"rendered":"Suppose a consumer with an income of $100 who is&#8230;. Y (vertical axis)?"},"content":{"rendered":"<p>Suppose a consumer with an income of $100 who is faced with PX = 1 and PY = 1\/2. What is the market rate of substitution between good X (horizontal axis) and good Y (vertical axis)?<\/p>\n","protected":false},"author":34,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","topic":[57],"subject":[5],"education_level":[],"class_list":["post-944","mcq","type-mcq","status-publish","hentry","topic-the-theory-of-individual-behavior","subject-managerial-economics"],"mcq_note":"Suppose a consumer with an income of $100 who is faced with PX = 1 and PY = 1\/2. What is the market rate of substitution between good X (horizontal axis) and good Y (vertical axis)?Answer:-2.0.","mcq_options":[{"right":"no","answer":" 0.50"},{"right":"no","answer":" -1.0"},{"right":"yes","answer":"-2.0"},{"right":"no","answer":"-4.0"}],"multi_answers":"no","subject_terms":[{"id":5,"title":"Managerial Economics","slug":"managerial-economics"}],"topic_terms":[{"id":57,"title":"The Theory of Individual Behavior","slug":"the-theory-of-individual-behavior"}],"_links":{"self":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq\/944","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=944"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=944"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=944"},{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=944"},{"taxonomy":"education_level","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/education_level?post=944"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}