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Economics Quantitative Methods for Economic Analysis-I MCQs and Notes

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Shiva Ram

πŸŽ“ Master ⭐ 30.44K Points
πŸ“Š Economics Quantitative Methods for Economic Analysis-I
Q. When cross elasticity of demand is positive value, what are the types of goods they are?
  • (A) substitute goods
  • (B) complimentary good
  • (C) normal good
  • (D) inferior good
πŸ’¬ Discuss
βœ… Correct Answer: (A) substitute goods
P

Priyanka Tomar

πŸŽ“ Tutor III ⭐ 35.28K Points
πŸ“Š Economics Quantitative Methods for Economic Analysis-I
Q. What is the value of elasticity of demand when MR is equal to zero?
  • (A) 1
  • (B) 0
  • (C) -1
  • (D) 4
πŸ’¬ Discuss
βœ… Correct Answer: (C) -1
S

Shiva Ram

πŸŽ“ Master ⭐ 30.44K Points
πŸ“Š Economics Quantitative Methods for Economic Analysis-I
Q. What is the value of slope in the inflection point?
  • (A) 1
  • (B) 2
  • (C) -1
  • (D) 0
πŸ’¬ Discuss
βœ… Correct Answer: (D) 0
R

Ranjeet

πŸŽ“ Tutor III ⭐ 34.60K Points
πŸ“Š Economics Quantitative Methods for Economic Analysis-I
Q. Slop of total cost curve equal to
  • (A) mr
  • (B) mc
  • (C) ar
  • (D) ac
πŸ’¬ Discuss
βœ… Correct Answer: (B) mc
A

Admin

πŸŽ“ Coach ⭐ 38.23K Points
πŸ“Š Economics Quantitative Methods for Economic Analysis-I
Q. f (x) = 1og x , F’(x) =
  • (A) 2x
  • (B) 1/2x
  • (C) 1/x
  • (D) x
πŸ’¬ Discuss
βœ… Correct Answer: (C) 1/x
R

Ranjeet

πŸŽ“ Tutor III ⭐ 34.60K Points
πŸ“Š Economics Quantitative Methods for Economic Analysis-I
Q. f(x) = 3x3 - 4x2 + 10 implies
  • (A) f (1) = 10
  • (B) f \(x) = 9x2 - 8x + 10
  • (C) f \\(x) = 18x – 8
  • (D) f \(2) = 20
πŸ’¬ Discuss
βœ… Correct Answer: (C) f \\(x) = 18x – 8
A

Admin

πŸŽ“ Coach ⭐ 38.23K Points
πŸ“Š Economics Quantitative Methods for Economic Analysis-I
Q. Rank of a matrix
  • (A) highest non negative minor
  • (B) highest negative minor
  • (C) both a and b
  • (D) highest non zero minor
πŸ’¬ Discuss
βœ… Correct Answer: (D) highest non zero minor
V

Vikash Gupta

πŸŽ“ Tutor III ⭐ 33.56K Points
πŸ“Š Economics Quantitative Methods for Economic Analysis-I
Q. What is the transpose of cofactor matrix?
  • (A) inverse matrix
  • (B) singular matrix
  • (C) non singular matrix
  • (D) ad joint of a matrix
πŸ’¬ Discuss
βœ… Correct Answer: (D) ad joint of a matrix
S

Shiva Ram

πŸŽ“ Master ⭐ 30.44K Points
πŸ“Š Economics Quantitative Methods for Economic Analysis-I
Q. What is symmetric Matrix?
  • (A) ≠
  • (B) =
  • (C) both a and b
  • (D) none of the above
πŸ’¬ Discuss
βœ… Correct Answer: (B) =
P

Praveen Singh

πŸŽ“ Tutor III ⭐ 36.81K Points
πŸ“Š Economics Quantitative Methods for Economic Analysis-I
Q. The cofactor is always preceded by a?
  • (A) positive (+) sign
  • (B) negative (-) sign
  • (C) positive (+) or negative (-) sign
  • (D) with decimal
πŸ’¬ Discuss
βœ… Correct Answer: (C) positive (+) or negative (-) sign
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