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PPSC Economics Chapter 13 Mathematics in Economics MCQs With Answers
Question # 1
An equation in which all variables are raised to the first power is known as.
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Linear equation
Non linear equation
Quadratic equation
Polynomial of degree two
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Question # 2
In a matrix , if there is only one row but any number of columns, it is called.
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Row matrix
Column matrix
Raw vector
Both a and c
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Question # 3
A set containing only one element is termed as
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Unit set
Singleton set
Both a and b
None of these
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Question # 4
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 # 5
If every elements of a raw or column of a square matrix A is zero, then the value of the determinant .
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Equal
Zero
One
Negative related
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Question # 6
any number raise to the power zero is always equal to.
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zero
one
two
The number itself
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Question # 7
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 # 8
If the columns of a given matrix A and B are changed into rows and vice versa, the matrix thus obtained is called the.
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Symmetric matrix
Transpose of a matrix
Singular matrix
Rank of matrix
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Question # 9
If B is a subset of A, then AUB =
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B
Intersection of A and B
A
None of these
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Question # 10
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.
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Supply price
Demand price
Equilibrium price
Reserved price
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Question # 11
Union of A with B is same as union of B with A, that is AUB = BUA is termed as
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Associative law of union
Cumulative law of union
Reflective law
All the above
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Question # 12
AB = BA = 1 , then B is said to
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Ad joint of matrix of A
Inverse matrix of A
Determinant of A
Cofactor of a
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Question # 13
If a Set C contain all the elements which are present in both the set A and B then set C is called.
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Union of A and B
Intersection of A and B
Complement of A
Complement of B
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Question # 14
The set of all elements belonging to A but not to B is.
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B - A
A - B
A'
B'
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Question # 15
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 # 16
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 # 17
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 # 18
Th transpose of the cofactor matrix is called.
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Adjoin of the matrix
Power of a matrix
Minor of the matrix
Rank of a matrix
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Question # 19
Unknown values in an equation are called.
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Constants
Numeraire
Variables
All of the above
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Question # 20
A square matrix A, such that A = A ' is called a
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Symmetric matrix
Skew symmetric matrix
Singular matrix
Rank of a matrix
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Question # 21
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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