Mathematics For Economic Analysis 1 Set 3

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This set of Mathematics for Economic Analysis 1 Multiple Choice Questions & Answers (MCQs) focuses on Mathematics For Economic Analysis 1 Set 3

Q1 | A mathematical statement setting two algebraic expressions equal to each other is called
  • equation
  • hypothesis
  • inequality
  • all the above
Q2 | An equation in which all variables are raised to the first power is known as
  • linear equation
  • non-linear equation
  • quadratic equation
  • polynomial of degree two
Q3 | The slope of a horizontal line is
  • one
  • zero
  • two
  • three
Q4 | The slope of a vertical line is
  • one
  • zero
  • two
  • undefined
Q5 | An iso-cost line represents
  • different combinations of two inputs that can be purchased with a given sum of money
  • different combinations of two goods that can be purchased with a given income
  • both (a) and (b)
  • none of these
Q6 | (A+B)+C = A+(B+C). This law of matrices is known as
  • cumulative law
  • associative law
  • distributive law
  • identity law
Q7 | (A+B) = (B+A). this law of matrices is known as
  • cumulative law
  • associative law
  • distributive law
  • identity law
Q8 | k (A+B) = kA + kB. This law of matrices is known as
  • cumulative law
  • associative law
  • distributive law
  • identity law
Q9 | If in a matrix, the number if rows is the same as the number of columns, it is called
  • singular matrix
  • non-singular matrix
  • square matrix
  • column vector
Q10 | In a matrix, if there is only one row but any number of columns, it is called
  • row matrix
  • column matrix
  • row vector
  • both a & c
Q11 | If all the elements of a matrix of any order are zero, it is called
  • identity matrix
  • null matrix
  • zero matrix
  • both b & c
Q12 | A square matrix with 1’s in its principal diagonal and zeros everywhere else is
  • diagonal matrix
  • identity matrix
  • leading diagonal
  • scalar matrix
Q13 | If the columns of a given matrix A and B are changed into rows and vice-versa, the matrix thusobtained is called the
  • symmetric matrix
  • transpose of a matrix
  • singular matrix
  • rank of a matrix
Q14 | A square matrix A, such that A = A’, is called a
  • symmetric matrix
  • skew-symmetric matrix
  • singular matrix
  • rank of a matrix
Q15 | If the determinant formed by the elements of the matrix A is equal to zero, then the matrix is
  • skew symmetric
  • symmetric
  • singular
  • non-singular
Q16 | If the determinant formed by the elements of the matrix is not equal to zero, then the matrix iscalled
  • skew symmetric
  • symmetric
  • singular
  • non-singular
Q17 | The matrix A multiplied by its inverse will be a
  • identity matrix
  • skew-symmetric matrix
  • idempotent matrix
  • adjoint of a matrix
Q18 | A inverse is defined only if A is a
  • square matrix
  • column vector
  • orthogonal matrix
  • skew-symmetric matrix
Q19 | the sufficient condition required for the matrix to possess inverse is that the matrix should be
  • square matrix
  • singular matrix
  • non-singular matrix
  • orthogonal matrix
Q20 | which method is used for finding inverse of a matrix
  • gauss elimination method
  • henrich standard method
  • co-factor method
  • both a & c
Q21 | A matrix with all elements zero other than all the diagonals is called
  • diagonal matrix
  • orthogonal matrix
  • unit matrix
  • column vector
Q22 | Find the co-factor A23 of the matrix A =
  • 23
  • 7
  • -23
  • -7
Q23 | A diagonal matrix whose diagonal elements are equal is called
  • unit matrix
  • singular matrix
  • scalar matrix
  • non-singular matrix
Q24 | A square matrix A of order mxn is called an upper triangular matrix if aij = o for all
  • i > j
  • i < j
  • i = j
  • all of the above
Q25 | If A & B are symmetric matrices, then A + B is
  • symmetric
  • non-symmetric
  • skew symmetric
  • non-skew symmetric