Use the Change-Of-Base Formula and a Calculator to Evaluate the Logarithm

question 337

Multiple Choice

Use the Change-of-Base Formula and a calculator to evaluate the logarithm. Round your answer to two decimal places.
- $\log _ { 6.9 } 2.8$

• A) \(0.41\)
• B) \(0.53\)
• C) \(0.45\)
• D) \(1.88\)

Elucidate the characteristics and economics of land as a fixed supply resource.

Understand the marginal revenue product (MRP) of land and its impact on land demand and supply.

Comprehend the concept of economic rent and its distinction from other forms of income.

Illustrate the impact of technological and consumption changes on the demand for and value of land.

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