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PPSC Economics Chapter 13 Mathematics in Economics MCQs With Answers
Question # 1
A linear function of the form 6x2 - 2y + 8 = 0 is known as.
Choose an answer
Explicit function
implicit function
Quadratic function
All of the above
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Question # 2
If matrix A is matrix of order n x m and B is another matrix of order m x n, then BA will be the matrix of order.
Choose an answer
n x m
m x n
n x n
m x m
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Question # 3
Given the demand function qo = -8p +2000 and tis inverse p = -1/8 qo + 250 ,p in the inverse function which is interpreted as the maximum price that buyers are willing to pay for the.
Choose an answer
Supply price
Demand price
Equilibrium price
Reserved price
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Question # 4
A set containing only one element is termed as
Choose an answer
Unit set
Singleton set
Both a and b
None of these
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Question # 5
The signed minor of the matrass A is called.
Choose an answer
Adjoin
Co factor
Minor
Rank
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Question # 6
a x2 + bx + c = 0
Choose an answer
Linear equation
Quadratic equation
Polynomial of degree five
None of these
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Question # 7
The simplest form of rectangular hyperbola is
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y = 1/x
y = x2
y = x-2
y = x3
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Question # 8
If matrix A is of m x n dimension, then A will be
Choose an answer
n x m dimension
m x n dimension
n x p dimension
m x m dimension
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Question # 9
(A+B) = (B+A) this law of matrices is known as.
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Cumulative law
Associative law
Distributive law
Identity law
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Question # 10
A square matrix with 1's in its principal diagonal and zeros every where else is.
Choose an answer
Diagonal matrix
Identity matrix
Leading diagonal
Scalar matrix
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Question # 11
The equilibrium price and quantity , given the inverse demand and supply functions.
po = 3q +30 and p s = 2q -5
Choose an answer
p = 9 and q = 7
p = 10 and q = 7
p = 9 and q = 8
p = 7 and q = 9
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Question # 12
If A and B are symmetric matrices, then A +B is
Choose an answer
Symmetric
Non symmetric
Skew symmetric
Non skew symmetric
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Question # 13
If B is a subset of A ,then A is a
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Super set of B
Sub set of B
Empty set of B
Universal set of B
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Question # 14
Given the demand and supply cautions qo = -8p + 2000 and qs = 12 p - 200 respectively the equilibrium price.
Choose an answer
p = 100
p = 110
p = 120
p = 140
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Question # 15
If every element of a set B is also an elements of A then
Choose an answer
A is a subset of B
B is a subset of A
A is not a subset of B
B is not a subset of A
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