Ultimate Mathematics Quiz

5 Questions | Total Attempts: 5912

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Mathematics Quizzes & Trivia

Mathematics is an incredibly difficult subject to master, but when you come to grips with the numbers and everything starts to add up, you’ll soon realize that it’s a truly fulfilling topic to learn about. In this quiz, we’ll be trying to gauge your level of knowledge on a variety of mathematical subjects and problems and seeing how many you can solve! Good luck, you might need it!


Questions and Answers
  • 1. 
    Maximize the utility function given the budget constraint 
    • A. 
    • B. 
    • C. 
    • D. 
  • 2. 
    Who invented the concept of invisible hand?
    • A. 

      Adam Smith

    • B. 

      Milton Freedman

    • C. 

      Friedrich Hayek

    • D. 

      David Ricardo

  • 3. 
    In the short run, firm will increase production when:
    • A. 

      Marginal cost > marginal revenue

    • B. 

      Marginal cost < marginal revenue

    • C. 

      Marginal cost = marginal revenue

    • D. 

      No answer

  • 4. 
    If income increases, demonstrate which curve in the money market changes:
    • A. 

      Money demand shifts right

    • B. 

      Money supply shifts right

    • C. 

      Money demand shifts left

    • D. 

      Money supply shifts left

  • 5. 
    If your income in year 1 is $10,500 and in year 2 is $13,700, then it has grown by:
    • A. 

      15%

    • B. 

      30%

    • C. 

      25%

    • D. 

      20%

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