{"id":958,"date":"2017-10-21T11:13:00","date_gmt":"2017-10-21T05:13:00","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/if-the-own-price-elasticity-of-demand-is-infinite-in-absolute-value-then\/"},"modified":"2017-10-21T11:13:00","modified_gmt":"2017-10-21T05:13:00","slug":"if-the-own-price-elasticity-of-demand-is-infinite-in-absolute-value-then","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/if-the-own-price-elasticity-of-demand-is-infinite-in-absolute-value-then\/","title":{"rendered":"If the own price elasticity of demand is infinite in absolute value, then"},"content":{"rendered":"","protected":false},"author":34,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","topic":[61],"subject":[5],"class_list":["post-958","mcq","type-mcq","status-publish","hentry","topic-quantitative-demand-analysis","subject-managerial-economics"],"mcq_note":"If the own price elasticity of demand is infinite in absolute value, then\u00a0Demand is perfectly elastic.","mcq_options":[{"right":"yes","answer":"Demand is perfectly elastic"},{"right":"no","answer":" The demand curve is vertical"},{"right":"no","answer":"Consumers do not respond at all to changes in price"},{"right":"no","answer":"The demand curve is vertical and consumers do not respond at all to changes in price"}],"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\/958","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=958"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=958"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=958"},{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}