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

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PPSC Economics Topic 13 Mathematics in Economics

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Question # 1

The sufficient condition required for the matrix to posses inverse is that the matrix should be.

Question # 2

A set containing only one element is termed as

Question # 3

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

Question # 4

A set continuing no elements is called.

Question # 5

Relation between two numbers or variables are called.

Question # 6

The elements in the Horizontal line in a matrix is called.

Question # 7

A diagonal matrix whose diagonal elements are equal is called.

Question # 8

The set of 'stars in the sky' is an example of

Question # 9

The set of subsets of a set A is called.

Question # 10

The variable that stands alone on the left hand side of the equation such as y = 2x + 1 is known as.

Question # 11

Th transpose of the cofactor matrix is called.

Question # 12

If a consumer's budget constraint is given as P, X,+ Py Y = B thent he absolute slope of the budget line is.

Question # 13

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 # 14

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 # 15

A inverse is defined only if A is a

Question # 16

The equilibrium price and quantity , given the inverse demand and supply functions.
po = 3q +30 and p s = 2q -5

Question # 17

If every element of a raw of column of a square matrix A is zero, then the value of the determinant. is.

Question # 18

A linear function of the form 6x2 - 2y + 8 = 0 is known as.

Question # 19

A set containing all the elements of the universal set except those of set A is called.

Question # 20

If a Set C contain all the elements which are present in both the set A and B then set C is called.

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Economics
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 x2 + bx + c = 0
A. Linear equation
B. Quadratic equation
C. Polynomial of degree five
D. None of these
2 The variable that stands alone on the left hand side of the equation such as y = 2x + 1 is known as.
A. Dependent variable
B. Independent variable
C. Endogenous variable
D. Explained variable
3 The simplest form of rectangular hyperbola is
A. y = 1/x
B. y = x2
C. y = x-2
D. y = x3
4 Relation between two numbers or variables are called.
A. Function
B. Binary relation
C. Inverse relation
D. None of the above
5 The set of all elements belonging to A but not to B is.
A. B - A
B. A - B
C. A'
D. B'
6 The increase in dependent variable that results when the independent variable increases by one unit in a simple lines. function is called.
A. Y intercept of the curve
B. Slope of the curve
C. X intercept of the curve
D. Marginal value
7 A square matrix a such that A2 = a is called.
A. Orthogonal matrix
B. Skew symmetric matrix
C. Idempotent matrix
D. Singular matrix
8 Given or known values in an equation are called.
A. Constants
B. Parameters
C. Coefficients
D. All of the above
9 Which method is used for finding inverse of a matrix.
A. Gauss elimination method
B. Henrich standard method
C. Co factor method
D. Both a and c
10 A possible use in economies for the circle of the ellipse is to model.
A. Production possibility curve
B. Demand curve
C. Iosco line
D. Supply curve

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