Find the Value $\log \left( 3.08 \times 10 ^ { 5 } \right)$

question 75

Multiple Choice

Find the value. Give an approximation to four decimal places.
- $\log \left( 3.08 \times 10 ^ { 5 } \right)$

• A) \(5.4886\)
• B) \(- 4.5114\)
• C) \(5.0000\)
• D) \(0.4886\)

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Definitions:

Opportunity Cost

The value of the best alternative forgone when a decision is made to pursue a particular action or resource allocation.

Capital Goods

Long-lasting goods that are used in the production of other goods or services, such as machinery, buildings, and equipment.

Consumer Goods

Goods purchased and used by consumers rather than manufacturers for producing other goods.

Wealth Of Nations

A seminal work by Adam Smith published in 1776, which is considered the foundation of modern economic theory, focusing on the factors that promote prosperity and growth in nations.