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 positive definite Hessian fulfills the second order conditions for

Question # 2

a x2 + bx + c = 0

Question # 3

If A and B are symmetric matrix, then AB- BA is.

Question # 4

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

Question # 5

If matrix A is of m x n dimension, then A will be

Question # 6

if in a matrix , the number if rows is the same as the number of columns, it is called.

Question # 7

A determinant compose of all the second order partial derivatives, with the second order direct partials on the principal diagonal and the second order cross partials off the principal diagonal and which is used to second order condition of optimization is called.

Question # 8

Ordered Pairs of two sets are called.

Question # 9

In Vann diagram the universal set is represented by

Question # 10

AB = BA = 1 , then B is said to

Question # 11

A inverse is defined only if A is a

Question # 12

If any equation involving two variables, such as y -=2x + 1, the variable that appears on the right hand side of the equation is by convention called.

Question # 13

A set containing only one element is termed as

Question # 14

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

Question # 15

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 # 16

If B is a subset of A, then AUB =

Question # 17

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

Question # 18

(A+B) + C =a +(B+C) This law of matrices is known as.

Question # 19

The associative law of union is

Question # 20

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

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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 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.
A. n x m
B. m x n
C. n x n
D. m x m
2 A square matrix A, such that A = A ' is called a
A. Symmetric matrix
B. Skew symmetric matrix
C. Singular matrix
D. Rank of a matrix
3 Given the demand and supply cautions qo = -8p + 2000 and qs = 12 p - 200 respectively the equilibrium price.
A. p = 100
B. p = 110
C. p = 120
D. p = 140
4 If the determinant formed by the elements of the matrix is not equal to zero, then the matrix is called.
A. Skew symmetric
B. Symmetric
C. Singular
D. Non -singular
5 if we are told that the two statements y = 3x2 and y = x + 10' are bout true at the same time , they are called.
A. Implicit functions
B. explicit functions
C. Simultaneous equations
D. Quadratic equations
6 If B is a subset of A ,then A is a
A. Super set of B
B. Sub set of B
C. Empty set of B
D. Universal set of B
7 If B is a subset of A, then AUB =
A. B
B. Intersection of A and B
C. A
D. None of these
8 A mathematical statement setting two algebraic expressions equal to each other is called.
A. Equations
B. Hypothesis
C. Inequality
D. All of above
9 The signed minor of the matrass A is called.
A. Adjoin
B. Co factor
C. Minor
D. Rank
10 In a matrix , if there is only one row but any number of columns, it is called.
A. Row matrix
B. Column matrix
C. Raw vector
D. Both a and c

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