Find the Value of the Expression $\log _ { b } A = 5$

question 244

Multiple Choice

Find the value of the expression.
-Let $\log _ { b } A = 5$ and $\log _ { b } B = - 4$ . Find $\log _ { b } B ^ { 2 }$ .

• A) \(- 8\)
• В) \(- 16\)
• C) 16
• D) 10

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Definitions:

Equilibrium Quantity

The quantity of goods supplied is equal to the quantity demanded at the market equilibrium price.

Normal Good

A good for which demand increases when consumer income rises, and falls when consumer income decreases, all other factors being constant.

Demand Curve

A graphical representation that shows the relationship between the price of a good and the quantity demanded by consumers.

Equilibrium Price

The price in the market where the amount of a product that consumers want to buy is the same as the amount available for sale, resulting in a balanced market situation.