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Change the Logarithmic Expression to an Equivalent Expression Involving an Exponent

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Change the logarithmic expression to an equivalent expression involving an exponent.
- log28=3\log _ { 2 } 8 = 3


Definitions:

Payoff Matrix

A table that displays the potential outcomes for each player in a game, given the choices of all players.

Gains and Losses

The difference between the amount earned and the amount spent in buying, operating, or producing something.

Duopoly

A market structure characterized by two producers or sellers dominating the market.

Dominant Strategy

In game theory, a strategy that is optimal for a player, regardless of the strategies chosen by other players in the game.

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