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PPSC Economics Chapter 13 Mathematics in Economics MCQs With Answers
Question # 1
A matrix with all elements zero other than all the diagonals is called.
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Diagonal matrix
Orthogonal matrix
Unit matrix
Column vector
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Question # 2
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 # 3
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 # 4
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 # 5
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 # 6
A inverse is defined only if A is a
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Square matrix
Column vector
Orthogonal matrix
Skew symmetric matrix
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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
Who is regarded as the founder of theory of sets.
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Adam Smith
Karl Frederich Gauss
George cantor
Euller
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Question # 9
If A and B are symmetric matrix, then AB- BA is.
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Symmetric
Skew symmetric matrix
Idempotent matrix
Orthogonal matrix
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Question # 10
Unknown values in an equation are called.
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Constants
Numeraire
Variables
All of the above
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Question # 11
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 # 12
A set containing all the elements of the universal set except those of set A is called.
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Complement of set A
Complement of universal set
Union of A and universals set
Universal set itself
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Question # 13
If every element of a set B is also an elements of A then
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A is a subset of B
B is a subset of A
A is not a subset of B
B is not a subset of A
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Question # 14
The signed minor of the matrass A is called.
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Adjoin
Co factor
Minor
Rank
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Question # 15
If two sets contain the same distinct elements, then they are called.
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Equal sets
Unequal sets
Equivalent sets
All of the above
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Question # 16
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 # 17
"No two elements of a set are identical" this statements is.
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Always true
Sometimes true
Not true
All of the above is possible
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Question # 18
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 # 19
If all the elements of a matrix of any order are zero, it is called.
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Identity matrix
Null matrix
Zero matrix
Both b and c
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Question # 20
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 # 21
A set continuing no elements is called.
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Null set
mpty set
void set
all of the above
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