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

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

Question # 2

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

Question # 3

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

Question # 4

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

Question # 5

For any square matrix A of order 'n' a +A is.

Question # 6

The value of the dependent variable where the graph cuts the y-axis is called.

Question # 7

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

Question # 8

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

Question # 9

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

Question # 10

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

Question # 11

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

Question # 12

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 # 13

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

Question # 14

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

Question # 15

A set totality of elements from all possible sets is called.

Question # 16

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

Question # 17

A positive definite Hessian fulfills the second order conditions for

Question # 18

A set containing only one element is termed as

Question # 19

Union of A with B is same as union of B with A, that is AUB = BUA is termed as

Question # 20

A set continuing no elements 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 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
2 any number raise to the power zero is always equal to.
A. zero
B. one
C. two
D. The number itself
3 Union of A and the universal set is
A. A
B. A'
C. Universal set
D. None of these
4 The function y = 2x + 1 and x = 1/2 y - 1/2 are said to be.
A. Non linear functions
B. Inverse functions
C. Step functions
D. All the above
5 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
6 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
7 Unknown values in an equation are called.
A. Constants
B. Numeraire
C. Variables
D. All of the above
8 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
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 The simplest form of rectangular hyperbola is
A. y = 1/x
B. y = x2
C. y = x-2
D. y = x3

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