{"id":979,"date":"2017-10-20T21:23:50","date_gmt":"2017-10-20T15:23:50","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/the-cross-price-elasticity-of-demand-demanded-of-y-will\/"},"modified":"2017-10-20T21:23:50","modified_gmt":"2017-10-20T15:23:50","slug":"the-cross-price-elasticity-of-demand-demanded-of-y-will","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/the-cross-price-elasticity-of-demand-demanded-of-y-will\/","title":{"rendered":"The cross price elasticity of demand &#8230;demanded of Y will:"},"content":{"rendered":"<p>The cross price elasticity of demand between goods X and Y is -3.5. If the price of X decreases by 7%, the quantity demanded of Y will:<\/p>\n","protected":false},"author":34,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","topic":[61],"subject":[5],"class_list":["post-979","mcq","type-mcq","status-publish","hentry","topic-quantitative-demand-analysis","subject-managerial-economics"],"mcq_note":"The cross price elasticity of demand between goods X and Y is -3.5. If the price of X decreases by 7%, the quantity demanded of Y will\u00a0Increase by 24.5%.","mcq_options":[{"right":"no","answer":"Decrease by 24.5%"},{"right":"no","answer":" Decrease by 2.45%"},{"right":"yes","answer":"Increase by 24.5%"},{"right":"no","answer":" Increase by 2.45%"}],"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\/979","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=979"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=979"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=979"},{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}