Use the Following Approximations to Find the Approximate Value of the Logarithmic

question 235

Multiple Choice

Use the following approximations to find the approximate value of the logarithmic expression: $\log _ { b } 3 \approx 0.5$ logb $8 \approx 0.9$
$\log _ { b } 5 \approx 0.7$ logb $20 \approx 1.3$
- $\log _ { b } 160$

• A) \(1.17\)
• B) 28
• C) 160
• D) \(2.2\)

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Definitions:

Sparks

In a general sense, sparks refer to small particles or flashes of light created by a sudden disruption or collision, often related to electricity or fire.

Damage

Harm or injury to property, persons, or the economy, which can be quantified in financial terms and may require compensation.

Supply-Side Market Failure

A situation where the production of a good or service results in unaccounted external costs, leading to overproduction and inefficiencies in the market.

Net Benefit

The total positive outcomes minus the total costs associated with a decision or action.