Express as a Single Logarithm $3 \log _ { b } q - \log _ { b } r$

question 273

Multiple Choice

Express as a single logarithm.
- $3 \log _ { b } q - \log _ { b } r$

• A) \(\log _ { \mathrm { b } } \left( \mathrm { q } ^ { 3 } - \mathrm { r } \right)\)
• B) \(\log _ { b } \frac { 3 q } { r }\)
• C) \(\log _ { b } \frac { q ^ { 3 } } { r }\)
• D) \(\log _ { b } \mathrm { q } ^ { 3 } \div \log _ { \mathrm { b } } \mathrm { r }\)

Understand the basic principles of supply and demand and how they relate to market equilibrium.

Differentiate between elastic and inelastic demand and supply and their impacts on tax burden distribution.

Recognize the differing economic philosophies of Keynes and Hayek regarding government intervention and central planning.

Comprehend the effects of price controls, including ceilings and floors, on market activities.

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