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» Mathematical Tools for Economics 1 solved MCQs

A negative definite Hessian fulfils the second order conditions for

Question:

A negative definite Hessian fulfils the second order conditions for

A.

maximum

B.

minimum

C.

both maximum and minimum

D.

minimax

Answer» a. maximum

Note: The above multiple-choice question is for all general and Competitive Exams in India

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» Mathematical Tools for Economics 1 solved MCQs

Two variables x and y if involved in linear equation then the equation is

Question:

Two variables x and y if involved in linear equation then the equation is

A.

ax+by = c

B.

ab+xy = c

C.

ac+bx = y

D.

ax+bc = y

Answer» a. ax+by = c

Note: The above multiple-choice question is for all general and Competitive Exams in India

Two variables x and y if involved in linear equation then the equation is Read More »

» Mathematical Tools for Economics 1 solved MCQs

If A and B are square matrices such that AB = BA, then A and B are called…………..

Question:

If A and B are square matrices such that AB = BA, then A and B are called…………..

A.

additive

B.

multiplicative

C.

divisive

D.

commutative

Answer» d. commutative

Note: The above multiple-choice question is for all general and Competitive Exams in India

If A and B are square matrices such that AB = BA, then A and B are called………….. Read More »

» Mathematical Tools for Economics 1 solved MCQs

If all the sets under consideration are subsets of a fixed set say ∪, then this set ∪ is called

Question:

If all the sets under consideration are subsets of a fixed set say ∪, then this set ∪ is called

A.

universal set

B.

power set

C.

disjoint set

D.

finite set

Answer» a. universal set

Note: The above multiple-choice question is for all general and Competitive Exams in India

If all the sets under consideration are subsets of a fixed set say ∪, then this set ∪ is called Read More »

» Mathematical Tools for Economics 1 solved MCQs