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 set of all elements belonging to A but not to B is.

Question # 2

Union of A and a null set is equal is.

Question # 3

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 # 4

The determinant of quadratic form is called.

Question # 5

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

Question # 6

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

Question # 7

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

Question # 8

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 # 9

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

Question # 10

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

Question # 11

Who is regarded as the founder of theory of sets.

Question # 12

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

Question # 13

The objects constituting a set are called

Question # 14

Collection of well defined distinct objects thought of as a whole is called

Question # 15

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

Question # 16

A polynomial equation with degree two a called.

Question # 17

A square matrix A, such that A = A ' is called a

Question # 18

Relation between two numbers or variables are called.

Question # 19

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

Question # 20

The increase in dependent variable that results when the independent variable increases by one unit in a simple lines. function 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 if two sets do not have any common element, then they are called.
A. Complement sets
B. Joint sets
C. Disjoint sets
D. None of these
2 If each element of a raw or column is a sum of two elements, the determinant can be expressed as the
A. Sun of two determinants
B. Difference of two determinants
C. Multiplication of two determinants
D. Division of two determinants
3 The equilibrium price and quantity , given the inverse demand and supply functions.
po = 3q +30 and p s = 2q -5
A. p = 9 and q = 7
B. p = 10 and q = 7
C. p = 9 and q = 8
D. p = 7 and q = 9
4 The determinant of a matrix and that of its transpose are
A. Equal
B. Zero
C. One
D. Negatively related
5 "Null set is proper subset of all the non nul sets" this statement is.
A. Always true
B. sometimes true
C. Never true
D. True subject to some conditions
6 A variable which is free to take any value we choose to assign to it is called.
A. Dependent variable
B. Independent variable
C. Endogenous variable
D. Explained variable
7 A inverse is defined only if A is a
A. Square matrix
B. Column vector
C. Orthogonal matrix
D. Skew symmetric matrix
8 The set which contains all the element of the two given sets A and B, avoiding duplication, is called.
A. Intersection of A and B
B. Union of A and B
C. Set A and B
D. None of these
9 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
10 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

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