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PPSC Economics Chapter 13 Mathematics in Economics MCQs With Answers
Question # 1
Given the demand and supply cautions qo = -8p + 2000 and qs = 12 p - 200 respectively the equilibrium price.
Choose an answer
p = 100
p = 110
p = 120
p = 140
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Question # 2
Union of A with A, that is A U A.
Choose an answer
Complement of A
A itself
Con not be determined
None of these
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Question # 3
If matrix A is of m x n dimension, then A will be
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n x m dimension
m x n dimension
n x p dimension
m x m dimension
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Question # 4
A possible use in economies for the circle of the ellipse is to model.
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Production possibility curve
Demand curve
Iosco line
Supply curve
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Question # 5
The set of 'stars in the sky' is an example of
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Countable set
Infinite set
Finite set
unit set
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Question # 6
if A = A , then A is
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Symmetric matrix
Skew symmetric matrix
Identity matrix
Orthogonal matrix
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Question # 7
The matrix A multiplies by its inverse will b e a.
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Identity matrix
Skew symmetric matrix
Idempotent matrix
Adjoin of a matrix
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Question # 8
If B is a subset of A ,then A is a
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Super set of B
Sub set of B
Empty set of B
Universal set of B
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Question # 9
Matrix multiplication does not satisfy
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Associative law
Distributive law
Commutative law
None of the above
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Question # 10
A mathematical statement setting two algebraic expressions equal to each other is called.
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Equations
Hypothesis
Inequality
All of above
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Question # 11
if we are told that the two statements y = 3x2 and y = x + 10' are bout true at the same time , they are called.
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Implicit functions
explicit functions
Simultaneous equations
Quadratic equations
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Question # 12
The set which contains all the element of the two given sets A and B, avoiding duplication, is called.
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Intersection of A and B
Union of A and B
Set A and B
None of these
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Question # 13
Union of A and the universal set is
Choose an answer
A
A'
Universal set
None of these
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Question # 14
A function where a variable x can only very in jumps, is often called.
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Non linear functions
Inverse function
Step function
All of above
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Question # 15
The simplest form of rectangular hyperbola is
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y = 1/x
y = x2
y = x-2
y = x3
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Question # 16
Ordered Pairs of two sets are called.
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Elements
Function
Cartesian product
None of the above
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Question # 17
A set totality of elements from all possible sets is called.
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Union set
Intersection set
Universal set
Unit set
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Question # 18
If the determinant formed by the elements of the matrix is not equal to zero, then the matrix is called.
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Skew symmetric
Symmetric
Singular
Non -singular
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Question # 19
If every element of a raw of column of a square matrix A is zero, then the value of the determinant. is.
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Equal
One
zero
Not equal
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Question # 20
a possible use in encomia's for the circle or the ellipse is to model.
Choose an answer
Production possibility curve
Demand cuve
Isocost liine
Supply curve
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Question # 21
If B is a subset of A, then AUB =
Choose an answer
B
Intersection of A and B
A
None of these
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