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

An equation in which all variables are raised to the first power is known as.

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.

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

A polynomial equation with degree two a called.

Question # 5

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 # 6

If two sets contains the same number of distinct elements but not the same elements are called.

Question # 7

Union of A and a null set is equal is.

Question # 8

Who is regarded as the founder of theory of sets.

Question # 9

If two sets contain the same distinct elements, then they are called.

Question # 10

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

Question # 11

"No two elements of a set are identical" this statements is.

Question # 12

any number raise to the power zero is always equal to.

Question # 13

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 # 14

Unknown values in an equation are called.

Question # 15

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

Question # 16

If every element of a set B is also an elements of A then

Question # 17

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

Question # 18

"Null set is proper subset of all the non nul sets" this statement is.

Question # 19

The increase in dependent variable that results when the independent variable increases by one unit in a simple lines. function is called.

Question # 20

A diagonal matrix whose diagonal elements are equal is called.

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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 If every elements of a raw or column of a square matrix A is zero, then the value of the determinant .
A. Equal
B. Zero
C. One
D. Negative related
2 Union of A with B is same as union of B with A, that is AUB = BUA is termed as
A. Associative law of union
B. Cumulative law of union
C. Reflective law
D. All the above
3 The sufficient condition required for the matrix to posses inverse is that the matrix should be.
A. square matrix
B. Singular matrix
C. Non singular matrix
D. Orthogonal matrix
4 The slope of a horizontal line is.
A. One
B. Zero
C. Three
D. two
5 Given the demand and supply cautions qo = -8p + 2000 and qs = 12 p - 200 respectively the equilibrium price.
A. p = 100
B. p = 110
C. p = 120
D. p = 140
6 The point at which the graph cuts the x axis is called.
A. x- intercept
B. y - intercept
C. slope
D. None of these
7 A inverse is defined only if A is a
A. Square matrix
B. Column vector
C. Orthogonal matrix
D. Skew symmetric matrix
8 An equation in which all variables are raised to the first power is known as.
A. Linear equation
B. Non linear equation
C. Quadratic equation
D. Polynomial of degree two
9 a possible use in encomia's for the circle or the ellipse is to model.
A. Production possibility curve
B. Demand cuve
C. Isocost liine
D. Supply curve
10 A mathematical statement setting two algebraic expressions equal to each other is called.
A. Equations
B. Hypothesis
C. Inequality
D. All of above

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