New ! Economics MCQ Practise Tests

11th Standard Economics Mathematical Methods for Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021

11th Standard

    Reg.No. :
  •  
  •  
  •  
  •  
  •  
  •  

Economics

Time : 00:10:00 Hrs
Total Marks : 10

    Answer all the questions

    10 x 1 = 10
  1. The construction of demand line or supply line is the result of using

    (a)

    Matrices

    (b)

    Calculus

    (c)

    Algebra

    (d)

    Analytical Geometry

  2. Suppose D=50 - 5P when D is zero then

    (a)

    P is 10

    (b)

    P is 20

    (c)

    P is 5

    (d)

    P is -10

  3. Suppose determinant of a matrix Δ = 0, then the solution

    (a)

    Exists

    (b)

    Does not exists

    (c)

    is infinity

    (d)

    is zero

  4. Differentiation of constant term gives

    (a)

    one

    (b)

    zero

    (c)

    infinity

    (d)

    non-infinity

  5. Fixed cost is the ___ term in cost function represented in mathematical form

    (a)

    Middle

    (b)

    Price

    (c)

    Quantity

    (d)

    Constant

  6. Integration is the reverse process of

    (a)

    Difference

    (b)

    Mixing

    (c)

    Amalgamation

    (d)

    Differentiation

  7. Functions, with more or equal to two independent variables, are called________ functions.

    (a)

    Simple Univariate functions

    (b)

    Multivariable functions

    (c)

    Both 'a' and 'b'

    (d)

    None of these

  8. _________ of the line represents the ratio of the changes in vertical and horizontal line.

    (a)

    Slope

    (b)

    Gradient

    (c)

    Both 'a' and 'b'

    (d)

    None of these

  9. _______ is a plural form

    (a)

    Matrix

    (b)

    Matrices

    (c)

    Both 'a' and 'b'

    (d)

    None of these

  10. The first known Economist to apply mathematical method to economic problems was____________.

    (a)

    J.M. Keynes

    (b)

    Adam Smith

    (c)

    JS.Mill

    (d)

    Giovanni Ceva

*****************************************

TN 11th Standard Economics free Online practice tests

Reviews & Comments about 11th Standard Economics Mathematical Methods for Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021

Write your Comment