{"id":965,"date":"2017-10-21T10:45:33","date_gmt":"2017-10-21T04:45:33","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/if-quantity-demanded-for-sneakers-falls-sneakers-is\/"},"modified":"2017-10-21T10:45:33","modified_gmt":"2017-10-21T04:45:33","slug":"if-quantity-demanded-for-sneakers-falls-sneakers-is","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/if-quantity-demanded-for-sneakers-falls-sneakers-is\/","title":{"rendered":"If quantity demanded for sneakers falls&#8230;.. sneakers is"},"content":{"rendered":"<p>If quantity demanded for sneakers falls by 6% when price increases 20% we know that the absolute value of the own-price elasticity of sneakers is<\/p>\n","protected":false},"author":34,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","topic":[61],"subject":[5],"class_list":["post-965","mcq","type-mcq","status-publish","hentry","topic-quantitative-demand-analysis","subject-managerial-economics"],"mcq_note":"If quantity demanded for sneakers falls by 6% when price increases 20% we know that the absolute value of the own-price elasticity of sneakers is\u00a00.3.","mcq_options":[{"right":"yes","answer":"0.3"},{"right":"no","answer":"0.7"},{"right":"no","answer":"2.3"},{"right":"no","answer":"0.7"}],"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\/965","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=965"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=965"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=965"},{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}