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

00:00
Question # 1

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

Question # 2

Matrix multiplication does not satisfy

Question # 3

If the columns of a given matrix A and B are changed into rows and vice versa, the matrix thus obtained is called the.

Question # 4

A polynomial equation with degree two a called.

Question # 5

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

Question # 6

Unknown values in an equation are called.

Question # 7

Union of A and the universal set is

Question # 8

A positive definite Hessian fulfills the second order conditions for

Question # 9

A square matrix a of order 'n' is called a diagonal matrix if its non diagonal elements are.

Question # 10

Union of A with A, that is A U A.

Question # 11

The objects constituting a set are called

Question # 12

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

Question # 13

The associative law of union is

Question # 14

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

Question # 15

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

Question # 16

A possible use in economies for the circle of the ellipse is to model.

Question # 17

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

Question # 18

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

Question # 19

A set continuing no elements is called.

Question # 20

Union of A and a null set is equal is.

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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 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
2 The slope of a horizontal line is.
A. One
B. Zero
C. Three
D. two
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.
A. Supply price
B. Demand price
C. Equilibrium price
D. Reserved price
4 If a Set C contain all the elements which are present in both the set A and B then set C is called.
A. Union of A and B
B. Intersection of A and B
C. Complement of A
D. Complement of B
5 Who is regarded as the founder of theory of sets.
A. Adam Smith
B. Karl Frederich Gauss
C. George cantor
D. Euller
6 Union of A with A, that is A U A.
A. Complement of A
B. A itself
C. Con not be determined
D. None of these
7 Unknown values in an equation are called.
A. Constants
B. Numeraire
C. Variables
D. All of the above
8 If a consumer's budget constraint is given as P, X,+ Py Y = B thent he absolute slope of the budget line is.
A. B
B. x/y
C. P/Py
D. None of these
9 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
10 Relation between two numbers or variables are called.
A. Function
B. Binary relation
C. Inverse relation
D. None of the above

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