Change the Logarithmic Expression to an Equivalent Expression Involving an Exponent

question 274

Multiple Choice

Change the logarithmic expression to an equivalent expression involving an exponent.
- $\log _ { \pi } 37 = x$

• A) \(\pi ^ { x } = \frac { 1 } { 37 }\)
• B) \(x ^ { \pi } = 37\)
• C) \(37 ^ { x } = \pi\)
• D) \(\pi ^ { x } = 37\)

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Definitions:

Relatively Inelastic

Describes a situation where the demand or supply of a good or service changes minimally in response to changes in price.

Marginal Cost Curve

A graphical representation that shows how the cost of producing one additional unit of a good changes as production volume increases.

Marginal Revenue Curve

A graphical representation showing how a firm's revenue changes with each additional unit of output sold, typically declining in perfectly competitive markets.

Total Revenue Curve

A graph showing how total revenue changes as the quantity sold of a product or service changes, holding the price constant.