Evaluate the Expression Without Using a Calculator $\log _ { 8 } 8 ^ { 20 }$

question 61

Multiple Choice

Evaluate the expression without using a calculator.
- $\log _ { 8 } 8 ^ { 20 }$

• A) \(\log _ { 8 } 20\)
• B) 20
• C) 28
• D) 8

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Definitions:

Fixed Costs

Fixed overheads that are unaffected by changes in production or sales volume, like rental costs, payroll, and insurance charges.

Strategic Option

Refers to choices available to a company or an investor that could affect key business or investment strategies beneficially.

Soft Rationing

The situation where a company limits the amount of financial resources available for certain projects based on internal policy decisions.

Hard Rationing

A severe form of capital rationing where external factors such as market conditions or regulatory constraints limit the availability of funding.