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PPSC Economics Chapter 13 Mathematics in Economics MCQs With Answers
Question # 1
The determinant of a matrix and that of its transpose are
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Equal
Zero
One
Negatively related
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Question # 2
The slope of a horizontal line is.
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One
Zero
Three
two
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Question # 3
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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Y intercept of the curve
Slope of the curve
X intercept of the curve
Marginal value
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Question # 4
The sufficient condition required for the matrix to posses inverse is that the matrix should be.
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square matrix
Singular matrix
Non singular matrix
Orthogonal matrix
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Question # 5
Collection of well defined distinct objects thought of as a whole is called
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Union
Derivative
Set
Integral
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Question # 6
The elements in the Horizontal line in a matrix is called.
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Columns
Rows
Elements
Diagonal
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Question # 7
If a consumer's budget constraint is given as P, X,+ Py Y = B thent he absolute slope of the budget line is.
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B
x/y
P/Py
None of these
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Question # 8
If A is a square matrix of order ' n' and lis the unit matrix of the same order then A 1 is equal to.
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A
1A
1
Both a and b
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Question # 9
The signed minor of the matrass A is called.
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Adjoin
Co factor
Minor
Rank
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Question # 10
Given the demand and supply cautions qo = -8p + 2000 and qs = 12 p - 200 respectively the equilibrium price.
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p = 100
p = 110
p = 120
p = 140
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Question # 11
If each element of a raw or column is a sum of two elements, the determinant can be expressed as the
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Sun of two determinants
Difference of two determinants
Multiplication of two determinants
Division of two determinants
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Question # 12
A diagonal matrix whose diagonal elements are equal is called.
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Unit matrix
Singular matrix
Scalar matrix
Non singular matrix
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Question # 13
The function y = 2x + 1 and x = 1/2 y - 1/2 are said to be.
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Non linear functions
Inverse functions
Step functions
All the above
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Question # 14
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 # 15
A linear function of the form 6x2 - 2y + 8 = 0 is known as.
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Explicit function
implicit function
Quadratic function
All of the above
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Question # 16
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 # 17
If A and B are symmetric matrices, then A +B is
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Symmetric
Non symmetric
Skew symmetric
Non skew symmetric
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Question # 18
The point at which the graph cuts the x axis is called.
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x- intercept
y - intercept
slope
None of these
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Question # 19
if A = A , then A is
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Symmetric matrix
Skew symmetric matrix
Identity matrix
Orthogonal matrix
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Question # 20
(A+B) = (B+A) this law of matrices is known as.
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Cumulative law
Associative law
Distributive law
Identity law
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Question # 21
The determinant of quadratic form is called.
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Jacobian determinant
Hessian determinant
Discriminant
None of these
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