{"id":119127,"date":"2022-09-27T12:11:56","date_gmt":"2022-09-27T06:41:56","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=119127"},"modified":"2022-09-27T12:11:57","modified_gmt":"2022-09-27T06:41:57","slug":"when-the-price-of-a-product-falls-by-10-and-its-demand-rises-by-30-then-the-elasticity-of-demand-is","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/when-the-price-of-a-product-falls-by-10-and-its-demand-rises-by-30-then-the-elasticity-of-demand-is\/","title":{"rendered":"When the price of a product falls by 10% and its demand rises by 30%, then the elasticity of demand is"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><strong>Q. When the price of a product falls by 10% and its demand rises by 30%, then the elasticity of demand is _________.<\/strong><\/h3>\n\n\n\n<p>13<\/p>\n\n\n\n<p>3<\/p>\n\n\n\n<p>10<\/p>\n\n\n\n<p>30<\/p>\n\n\n\n<p>Answer: 3<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Q. When the price of a product falls by 10% and its demand rises by 30%, then the elasticity of demand is _________. 13 3 10 30 Answer: 3<\/p>\n","protected":false},"author":419,"featured_media":119128,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4960],"tags":[4961],"offerexpiration":[],"class_list":["post-119127","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-demand-and-supply-mcqs","tag-demand-and-supply-mcqs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/119127","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/419"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=119127"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/119127\/revisions"}],"predecessor-version":[{"id":119129,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/119127\/revisions\/119129"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/119128"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=119127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=119127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=119127"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/offerexpiration?post=119127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}