Write the Word or Phrase That Best Completes Each Statement $f(x)=\log _{b} x \text { and } g(x)=b^{x} \text { are inverse functions. Therefore, }$

question 224

Short Answer

Write the word or phrase that best completes each statement or answers the question.
Provide the missing information.
- $f(x)=\log _{b} x \text { and } g(x)=b^{x} \text { are inverse functions. Therefore, }$$\log _{b} b^{x}=$ ________ and $b^{\log _{b} x}=$ ______.

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Definitions:

Average Costs

is the total costs divided by the quantity produced, used to determine the cost of producing one unit of goods or services.

Average Cost

The aggregate expense of manufacturing, when divided by the quantity of items made.

Marginal Costs

The price of generating one more unit of a product or service.

Marginal Productivity

The additional output generated by employing one more unit of a particular resource, while holding other inputs constant.