Assume That $\log _ { b } 4 = 0.6061$ And $\log _ { b } 9 = 0.9082$

question 179

Multiple Choice

Assume that $\log _ { b } 4 = 0.6061$ and $\log _ { b } 9 = 0.9082$ Use these values and properties of logarithms to find $\log _ { b } 36$ . Round your answers to four decimal places.

• A) \(- 0.3021\)
• B) 0.3021
• C) 0.5505
• D) 1.5143

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Definitions:

Marginal Product

The additional output produced by employing one more unit of a specific factor of production, keeping other inputs constant.

Equilibrium Quantity

The level of output at which the quantity supplied equals the quantity demanded, reflecting a market balance between sellers and buyers.

Land Market

The land market refers to the supply and demand dynamics of land for various uses, influencing prices and availability within an economy.

Marginal Productivity

The additional output derived from the use of one more unit of a factor of production, holding all other factors constant.