Solve the Equation $$\log _ { 2 } 5 x + \log _ { 2 } x = 3$$

question 51

Multiple Choice

Solve the equation. Use a calculator where appropriate. If the answer is irrational, round to the nearest hundredth.
- $$\log _ { 2 } 5 x + \log _ { 2 } x = 3$$

• A)1.73
• B)0.77
• C)1.10
• D)1.26

---

Definitions:

Objectively Determined

Describes a value or decision made based on factual and unbiased criteria, removing personal feelings or opinions.

Indifference Schedule

An indifference schedule is a table or graph representing combinations of two goods among which a consumer is indifferent, showing how much of one good the consumer is willing to give up to obtain more of the other good.

Willingness

The readiness or inclination of a person to do something or to act in a certain way, often used in economic contexts to discuss willingness to pay.

Marginal Utility

The incremental benefit or satisfaction a buyer obtains from the consumption of one more unit of a good or service.