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Write in Logarithmic Form 116=42\frac { 1 } { 16 } = 4 ^ { - 2 }

question 46

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Write in logarithmic form.
- 116=42\frac { 1 } { 16 } = 4 ^ { - 2 }


Definitions:

Cross-Price Elasticity

A measure of the responsiveness of demand for one good to a change in the price of another good.

Quantity Demanded

The total amount of a good or service consumers are willing and able to purchase at a given price in a specified period.

Price

The amount of money required to purchase a good, service, or asset, often determined by supply and demand.

Cross-Price Elasticity

Cross-Price Elasticity measures how the demand for one good responds to changes in the price of another good, indicating substitute or complementary relationships.

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