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» Mathematics for Economic Analysis 1 solved MCQs

If the ith raw and jth column of a square matrix of order ‘n’ are deleted, the determinant of theresulting square sub-matrix is called

Question:

If the ith raw and jth column of a square matrix of order ‘n’ are deleted, the determinant of theresulting square sub-matrix is called

A.

adjoint

B.

co-factor

C.

minor

D.

rank

Answer» c. minor

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

If the ith raw and jth column of a square matrix of order ‘n’ are deleted, the determinant of theresulting square sub-matrix is called Read More »

» Mathematics for Economic Analysis 1 solved MCQs

In any equation (or function) involving two variables, such as y = 2x + 1, the variable that appearson the right-hand side of the equation is by convention called

Question:

In any equation (or function) involving two variables, such as y = 2x + 1, the variable that appearson the right-hand side of the equation is by convention called

A.

dependent variable

B.

independent variable

C.

endogenous variable

D.

explained variable

Answer» b. independent variable

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

In any equation (or function) involving two variables, such as y = 2x + 1, the variable that appearson the right-hand side of the equation is by convention called Read More »

» Mathematics for Economic Analysis 1 solved MCQs

If the determinant formed by the elements of the matrix is not equal to zero, then the matrix iscalled

Question:

If the determinant formed by the elements of the matrix is not equal to zero, then the matrix iscalled

A.

skew symmetric

B.

symmetric

C.

singular

D.

non-singular

Answer» d. non-singular

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

If the determinant formed by the elements of the matrix is not equal to zero, then the matrix iscalled Read More »

» Mathematics for Economic Analysis 1 solved MCQs

If all the elements of a matrix of any order are zero, it is called

Question:

If all the elements of a matrix of any order are zero, it is called

A.

identity matrix

B.

null matrix

C.

zero matrix

D.

both b & c

Answer» d. both b & c

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

If all the elements of a matrix of any order are zero, it is called Read More »

» Mathematics for Economic Analysis 1 solved MCQs

The equilibrium price and quantity, given the inverse demand and supply functionsbp D =-3q + 30 and pS = 2q – 5

Question:

The equilibrium price and quantity, given the inverse demand and supply functionsbp D =-3q + 30 and pS = 2q – 5

A.

p = 9 and q = 7

B.

p = 10 and q = 7

C.

p = 9 and q = 8

D.

p = 7 and q = 9

Answer» a. p = 9 and q = 7

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

The equilibrium price and quantity, given the inverse demand and supply functionsbp D =-3q + 30 and pS = 2q – 5 Read More »

» Mathematics for Economic Analysis 1 solved MCQs

A square matrix A of order mxn is called an upper triangular matrix if aij = o for all

Question:

A square matrix A of order mxn is called an upper triangular matrix if aij = o for all

A.

i > j

B.

i < j

C.

i = j

D.

all of the above

Answer» a. i > j

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

A square matrix A of order mxn is called an upper triangular matrix if aij = o for all Read More »

» Mathematics for Economic Analysis 1 solved MCQs