{"id":996,"date":"2017-10-20T11:01:04","date_gmt":"2017-10-20T05:01:04","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/the-demand-for-good-x-has-been-estimated-x-and-y-is\/"},"modified":"2017-10-20T11:01:04","modified_gmt":"2017-10-20T05:01:04","slug":"the-demand-for-good-x-has-been-estimated-x-and-y-is","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/the-demand-for-good-x-has-been-estimated-x-and-y-is\/","title":{"rendered":"\u00a0The demand for good X has been estimated&#8230; X and Y is"},"content":{"rendered":"<div class=\"tb f769\"><span class=\"tx\">\u00a0The demand for good X has been estimated to be lnQ<\/span><span class=\"tx\">X<\/span><span class=\"tx\">d<\/span><span class=\"tx\">\u00a0= 100 &#8211; 2.5 lnP<\/span><span class=\"tx\">X<\/span><span class=\"tx\">\u00a0+ 4 lnP<\/span><span class=\"tx\">Y<\/span><span class=\"tx\">\u00a0+ lnM.<\/span><span class=\"tx\">The cross price elasticity of demand between goods X and Y is<\/span><\/div>\n","protected":false},"author":34,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","topic":[61],"subject":[5],"class_list":["post-996","mcq","type-mcq","status-publish","hentry","topic-quantitative-demand-analysis","subject-managerial-economics"],"mcq_note":"<span class=\"tx\">\u00a0The demand for good X has been estimated to be lnQ<\/span><span class=\"tx\">X<\/span><span class=\"tx\">d<\/span><span class=\"tx\">\u00a0= 100 - 2.5 lnP<\/span><span class=\"tx\">X<\/span><span class=\"tx\">\u00a0+ 4 lnP<\/span><span class=\"tx\">Y<\/span><span class=\"tx\">\u00a0+ lnM.<\/span><span class=\"tx\">The cross price elasticity of demand between goods X and Y is\u00a04.0.<\/span>","mcq_options":[{"right":"no","answer":" -2.5"},{"right":"yes","answer":"4.0"},{"right":"no","answer":" -2.5%"},{"right":"no","answer":" 4.0%"}],"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\/996","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=996"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=996"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=996"},{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=996"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}