Evaluate
- $\log _ { 12 } 1$ A)-12
B)12
C)0
D)

question 59

Multiple Choice

Evaluate.
- $\log _ { 12 } 1$

• A)-12
• B)12
• C)0
• D) \(\frac { 1 } { 12 }\)

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Definitions:

Indifference Curves

Graphical representations in microeconomics showing different combinations of two goods that provide the same level of satisfaction to a consumer.

Slope

The measure of the steepness, incline, or grade of a linear graph, representing the ratio of the vertical change to the horizontal change between two points on the line.

Indifference Curves

Graphical representations in economics showing different combinations of two goods that provide the same level of satisfaction or utility to a consumer.

L-shaped

Referring to a graph shape, usually indicative of certain economic recovery patterns, representing a rapid fall followed by a prolonged period of stagnation.