Use Properties of Logarithms to Expand the Logarithmic Expression as Much

question 9

Multiple Choice

Use properties of logarithms to expand the logarithmic expression as much as possible. Where possible, evaluate
logarithmic expressions without using a calculator.
- $\ln \left( \frac { \mathrm { e } ^ { 3 } } { 2 } \right)$

• A) \(\ln e ^ { 3 } - \ln 2\)
• B) \(3 + \ln 2\)
• C) \(\ln e ^ { 3 } + \ln 2\)
• D) \(3 - \ln 2\)

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Definitions:

Marginal Cost

The price of creating one more unit of a particular product or service.

Marginal Revenue

The additional income generated from selling one more unit of a product or service, crucial for decision-making in production and pricing strategies.

ΔTR/Δq

Represents the change in total revenue divided by the change in quantity sold, indicating marginal revenue.

TR/q

Represents Total Revenue divided by quantity, a formula used to calculate average revenue per unit sold.