Write the Expression as a Sum of Logs $10^{0.7743}$ A) $5.947028$ B) $0.168151$

question 46

Multiple Choice

Write the expression as a sum of logs. Express powers as factors.
- $10^{0.7743}$

• A) \(5.947028\)
• B) \(0.168151\)
• C) \(0.461026\)
• D) \(1.195171\)

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Definitions:

Elastic Demand

A market situation where the quantity demanded of a good or service changes significantly as its price changes.

Short Run

A period during which at least one of a firm's inputs is fixed, limiting its ability to adjust production levels.

Long Run

A period of time in economics sufficient for all markets to adjust to changes, including the production capacity of the industry.

Price Paid

The actual amount of money exchanged for acquiring a good or service.