PPSC Economics Topic 13 MCQS Test Preparation

If you have completed your higher education in the economy subject and now are looking to start your professional career through PPSC then you are at the right place now. The team of Ilmkidunya offers you online MCQs tests of economics subject. Candidates can find Topic -wise tests and full book tests. For every single Topic  or category, separate sections are designed. Here on this page candidates can find the MCQS PPSC test for Topic  13.

MCQ's Test For PPSC Economics Topic 13 Mathematics in Economics

Try The MCQ's Test For PPSC Economics Topic 13 Mathematics in Economics

  • Total Questions20

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PPSC Economics Topic 13 Mathematics in Economics

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Question # 1

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.

Question # 2

If A is a square matrix of order ' n' and lis the unit matrix of the same order then A 1 is equal to.

Question # 3

If any equation involving two variables, such as y -=2x + 1, the variable that appears on the right hand side of the equation is by convention called.

Question # 4

Given the demand and supply cautions qo = -8p + 2000 and qs = 12 p - 200 respectively the equilibrium price.

Question # 5

The simplest form of rectangular hyperbola is

Question # 6

A mathematical statement setting two algebraic expressions equal to each other is called.

Question # 7

The set of subsets of a set A is called.

Question # 8

If A and B are symmetric matrix, then AB- BA is.

Question # 9

A set continuing no elements is called.

Question # 10

(A+B) + C =a +(B+C) This law of matrices is known as.

Question # 11

A matrix with all elements zero other than all the diagonals is called.

Question # 12

The point at which the graph cuts the x axis is called.

Question # 13

If A and B are symmetric matrices, then A +B is

Question # 14

A variable which is free to take any value we choose to assign to it is called.

Question # 15

If the determinant formed by the elements of the matrix A is equal to zero, then the matrix is.

Question # 16

If the determinant formed by the elements of the matrix is not equal to zero, then the matrix is called.

Question # 17

A positive definite Hessian fulfills the second order conditions for

Question # 18

If each element of a raw or column is a sum of two elements, the determinant can be expressed as the

Question # 19

A determinant compose of all the second order partial derivatives, with the second order direct partials on the principal diagonal and the second order cross partials off the principal diagonal and which is used to second order condition of optimization is called.

Question # 20

The function y = 2x + 1 and x = 1/2 y - 1/2 are said to be.

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13th Chapter

PPSC Economics Chapter 13 Test

Here you can prepare PPSC Economics Chapter 13 (Mathematics For Economics) Test. Click the button for 100% free full practice test.

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PPSC Economics Chapter 13 Important MCQ's

Sr.# Question Answer
1 A mathematical statement setting two algebraic expressions equal to each other is called.
A. Equations
B. Hypothesis
C. Inequality
D. All of above
2 Given or known values in an equation are called.
A. Constants
B. Parameters
C. Coefficients
D. All of the above
3 If A and B are symmetric matrix, then AB- BA is.
A. Symmetric
B. Skew symmetric matrix
C. Idempotent matrix
D. Orthogonal matrix
4 If every element of a raw of column of a square matrix A is zero, then the value of the determinant. is.
A. Equal
B. One
C. zero
D. Not equal
5 The matrix A multiplies by its inverse will b e a.
A. Identity matrix
B. Skew symmetric matrix
C. Idempotent matrix
D. Adjoin of a matrix
6 A square matrix with 1's in its principal diagonal and zeros every where else is.
A. Diagonal matrix
B. Identity matrix
C. Leading diagonal
D. Scalar matrix
7 Unknown values in an equation are called.
A. Constants
B. Numeraire
C. Variables
D. All of the above
8 The slope of a horizontal line is.
A. One
B. Zero
C. Three
D. two
9 The associative law of union is
A. AU (BUC= (AUB)
B. U C
C. AUB = BUA
D. BUC = BUA
10 The function y = 2x + 1 and x = 1/2 y - 1/2 are said to be.
A. Non linear functions
B. Inverse functions
C. Step functions
D. All the above

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