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

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

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

Question # 3

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

Question # 4

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

Question # 5

For any square matrix a of order 'n'a (Ad)A) is equal to.

Question # 6

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

Question # 7

if A = A , then A is

Question # 8

Given or known values in an equation are called.

Question # 9

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

Question # 10

Union of A and a null set is equal is.

Question # 11

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

Question # 12

Unknown values in an equation are called.

Question # 13

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

Question # 14

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

Question # 15

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

Question # 16

(A+B) = (B+A) this law of matrices is known as.

Question # 17

The set of subsets of a set A is called.

Question # 18

In a matrix , if there is only one row but any number of columns, it is called.

Question # 19

The set which contains all the element of the two given sets A and B, avoiding duplication, is called.

Question # 20

The determinant of quadratic form 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 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
2 The elements in the Horizontal line in a matrix is called.
A. Columns
B. Rows
C. Elements
D. Diagonal
3 Ordered Pairs of two sets are called.
A. Elements
B. Function
C. Cartesian product
D. None of the above
4 Union of A and the universal set is
A. A
B. A'
C. Universal set
D. None of these
5 The point at which the graph cuts the x axis is called.
A. x- intercept
B. y - intercept
C. slope
D. None of these
6 If every element of a set B is also an elements of A then
A. A is a subset of B
B. B is a subset of A
C. A is not a subset of B
D. B is not a subset of A
7 (A+B) = (B+A) this law of matrices is known as.
A. Cumulative law
B. Associative law
C. Distributive law
D. Identity law
8 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
9 A linear function of the form 6x2 - 2y + 8 = 0 is known as.
A. Explicit function
B. implicit function
C. Quadratic function
D. All of the above
10 AB = BA = 1 , then B is said to
A. Ad joint of matrix of A
B. Inverse matrix of A
C. Determinant of A
D. Cofactor of a

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