Use the Properties of Logarithms to Find the Exact Value $\log _ { 30 } 10 + \log _ { 30 } 3$

question 204

Multiple Choice

Use the properties of logarithms to find the exact value of the expression. Do not use a calculator.
- $\log _ { 30 } 10 + \log _ { 30 } 3$

• A) 10
• B) 1
• C) 30
• D) 3

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Definitions:

Perfectly Competitive

A market structure characterized by many buyers and sellers, freedom of entry and exit, homogeneous products, and perfect information.

Marginal Cost

The alteration in the overall cost of production that occurs with each additional unit produced.

Total Revenue

The amount a firm receives for the sale of its output.

Nash Equilibrium

A concept within game theory where no participant can gain by a unilateral change of strategy if the strategies of the others remain unchanged.