Evaluate the Expression Without Using a Calculator $\log _ { 16 } 4$

question 60

Multiple Choice

Evaluate the expression without using a calculator.
- $\log _ { 16 } 4$

• A) \(\frac { 1 } { 2 }\)
• B) 8
• C) 2
• D) 1

---

Definitions:

Market Demand Curve

A graphical representation that illustrates the total quantity of a particular good or service that consumers in a market are willing to buy at various prices.

Minimum Average Total Cost

The lowest point on the average total cost curve, representing the most efficient scale of production for minimizing costs per unit.

Average Total Cost

The total cost of production divided by the quantity of output produced, indicating the cost per unit of output.