Evaluate or Simplify the Expression Without Using a Calculator $\log 0.001$

question 118

Multiple Choice

Evaluate or simplify the expression without using a calculator.
- $\log 0.001$

• A) \(- \frac { 1 } { 3 }\)
• B) \(\frac { 1 } { 3 }\)
• C) 3
• D) \(- 3\)

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Consumer Surplus

The gap between the price consumers are ready to pay for a good or service and the price they end up paying.

Market Demand

Represents the total quantity of a good or service that all consumers in a market are willing and able to purchase at various prices.

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